What are the risks and rewards of hedge funds?

What are the risks and rewards of hedge funds?

When it comes to investments, it's really important to understand how does a single investment play out as part of your overall investment strategy. And what's difficult with hedge funds is they don't have long histories and we don't always know exactly what a hedge fund might be doing. And it might change a little bit over time. So it's hard to understand how does this hedge fund investment add value to my overall portfolio strategies.So it's kind of risk we have there because we don't know what the benefit is to that portfolio from this individual hedge fund investment.