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Definition of a hedge fund

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1. Would we be better off with a single North American currency, similar to the Euro? After all, there is a strong argument that the international gold standard enforced prudent international monetary policy in a way that easily manipulated national currencies do not. In fact, that is one of the reasons for the success of bitcoin - it acts like a better gold standard.

2. Some people think ETFs are derivatives. Is this viewtrue or false? Explain.

3. What, exactly, is the definition of a hedge fund? Since many hedge fund managers invest in the same things as mutual fund managers, why do they generally get better returns?

Reference no: EM133146056

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