I am a total idiot, but have a million bucks i'd like to put into a hedge fund

Michael Gartenberg | January 18, 2007, 10:21 AM

I was in a book store last night and noticed the following book. Hedge Funds for Dummies. No seriously, I mean it.

Two small points.

1. If you really are in the target market for this book, perhaps the hedge fund is not the best way for you to invest. 

2. I find it amazing that people buy books targeted for "dummies" or "idiots" and choose to identify themselves as such!

Are people proud to feel they're an idiot? I'm trying to picture the consumer who walks into the book store and says, "Hmmm.. I am a total idiot, but have a million bucks i'd like to put into a hedge fund... but I don't know anything about the subject.... let's see, any books out there are for me?"

Is there some pride in stupidity that i am not getting? How about a celebration of intellgence instead of idiocy? OK, i'll get off the soapbox now.