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To: LLCF who wrote (146932)1/29/2002 4:30:41 PM
From: GraceZ  Respond to of 436258
 
The charter that the regular funds labor under is killing them, they have to be invested long. Hedgies can do whatever works. Most J6P investors don't have the freedom or the assets to go into a hedge fund, but most have the option to go to cash or a bond fund. I doubt we'll see the pension laws change in this regard. It seems people are clamoring to be protected from themselves again after Enron.