Wednesday, September 20, 2006

A Hedge Fund's Loss Rattles Nerves - New York Times

Enormous losses at one of the nation's largest hedge funds resurrected worries yesterday that major bets by these secretive, unregulated investment partnerships could create widespread financial disruptions.

Perhaps they have never heard of risk control...You should risk maximum 2 percent of your equity in a single trade. That is how DreamTai manages risk.

Read on..( http://www.nytimes.com/2006/09/19/business/19hedge.html?_r=1&oref=slogin ).