Quote from man:
hedge funds lived for decades from the inefficiencies produced by the longOnly industry. now they are no longer in the shadow but on the stage - this will change the thing. what is very interesting: who is doing arbitrage on hedge funds? what is the true alternative investment now? meaning: alternative to mainstream.
Since hedge funds use so many strategies, I'm afraid it will be hard to find an "alternative" investment...
Real estate is a different, non-financial asset class. Maybe there will be a financial vehicle (derivative) which price will change with the average home prices.
Here's another good fund: http://iasg.pertrac2000.com/SnapshotPT.asp?ID=94
Last 60 Month annualized return 16.57% Max Drawdown only 1.25%