Hedge funds, which offer the potential of high returns for high investment amounts and high risk, have been in the news recently as a Federal target for increased scrutiny and taxation. Contending that even those investing less money in mutual funds can reap benefits from investment strategies used by hedge fund managers, Northcott presents a primer on this type of investment and more traditional alternatives. The guide includes case studies, a glossary, and bibliography. Annotation ©2010 Book News, Inc., Portland, OR (booknews.com)