Big Money Bets: 3 Stocks the Biggest Hedge Funds Are Buying

Unless you are very wealthy or an institutional investor, the world of hedge funds is closed to the average investor; thus, it’s a good idea to look at the stocks hedge funds are buying. That’s not necessarily a bad thing because these funds operate on a 2-and-20 fee structure. They skim 2% off the top based on their assets under management (AUM) to pay staff and expenses. Another 20% is taken for performance to incentivize executives and portfolio managers.There is a reason they are called “smart money.” T ...