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Kiplinger
Kiplinger
Business
Thomas Ruggie, ChFC®, CFP®

RARE PHOTOS: Are hedge funds worth the risk today | Rare Historical Photos

A green plant poking up between puzzle pieces.

Michael Sonnenfeldt, the chairman of “ultra-high-net-worth” network Tiger 21, has declared that hedge funds are "dead as a doornail," as his members’ allocation dropped to just 2% — down 10 percentage points from 2008.

But for a wide range of return-oriented investors, hedge funds are still very much alive and well and a key part of a successful portfolio in this era of runaway stock valuations.

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