+Economy & Policy | 1512 days ago

The well-hedged wisdom of sometime socialist and Wall Street titan Alfred Winslow “Ribbie” Jones

By wpcomimportuser1

As part of what I guess is now a continuing series of excerpts from ancient alumni publications, here’s some stuff from Alfred Winslow Jones, the man generally credited with inventing the hedge fund. He didn’t, really: In the 1920s, Benjamin Graham ran a limited investment partnership that bought some stocks and sold others short–the distinguishing [...]