options

Hedge Funds Hit New Record with $2T in Assets

Hedge funds, which experienced sharp drops in assets during the credit crisis, now hold an all-time high of more than $2 trillion in capital, according to a new survey by Hedge Fund Research Inc. The figure is 50% higher than crisis-driven lows reached in the first quarter of 2009.

What Apple Should Buy Next: Happy Shareholders

Apple has accumulated tons of cash lately, but how should it spend that money? A smart bet would be to use it to bring in the next Steve Jobs -- but there isn't one. Which leads to this thought: Maybe Apple should buy billions in put options on itself to be exercised the day Jobs retires as CEO.