“Hedge funds try to produce above-average investment returns using tactics ranging from traditional stock-picking to complex derivative and arbitrage plays. High minimum investments, redemption restrictions and aggressive strategies make them suitable mainly for more sophisticated and well-heeled investors.”

American writer and former New York Times reporter

Alex Norman Berenson is an American writer and former reporter for The New York Times. He is known for his thriller novels and for his book on corporate financial filings. His 2019 book, Tell Your Children: The Truth About Marijuana, Mental Illness and Violence, drew sharp criticism and provoked controversy. The response from many in the scientific and medical communities was strongly negative, and that debate remains a defining part of his public profile.