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The Nobel Foundation looks to hedge funds to improve returns after a decade of poor performance...

The Nobel Foundation looks to hedge funds to improve returns after a decade of poor performance forced a 20% cut in cash awarded to prize winners (the first cut since 1949). "We see that we can get more return with less risks by doing that," says Executive Director Lars Heikensten. You don't need a Nobel to know that's not necessarily true.
Comments (1)
  • Tony Petroski
    , contributor
    Comments (6368) | Send Message
     
    Link up with some of your Nobel laureates. Al Gore is making money hand over fist. Invest in one of his carbon-credit exchanges. Or have the Peace Prize winner of 2012, the EU, or better yet, the ECB look after the fund.
    4 Dec 2012, 11:20 AM Reply Like
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