After a long day of trading, Wall Street hot shots are known to enjoy a fine beverage or two. But when it comes to liquid alternative investments, they're darn near drunk.
Liquid alternative funds are akin to hedge funds for mom and pop investors. Instead of simply investing in stocks or bonds, these special funds use sophisticated techniques to bet on whether equities and bonds will move up or down. They also use borrowed money to amplify returns.
Wall Street's new happy hour: Liquid alternatives - Jul. 14, 2014
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