MarketWatch – Rodney Dangerfield was famous for saying, “I don’t get no respect.” Hedge funds, in my opinion, are the flip-side of Rodney Dangerfield — they get too much respect. In 2013, almost $64 billion of new money was invested in hedge funds, bringing total hedge fund assets to $2.6 trillion.
You might be thinking, “So what? You have to be an accredited investor to buy into a hedge fund.”