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A hedge can be constructed from many types of financial instruments, including stocks, exchange-traded funds, insurance, forward contracts, swaps, options, gambles,[1] many types of over-the-counter and derivative products, and futures contracts.

The others are natural resources (including land), and labor — the stock of competences embodied in the labor force.

As an emotion regulation strategy, people can bet against a desired outcome.

A New England Patriots fan, for example, could bet their opponents to win to reduce the negative emotions felt if the team loses a game.

Depending on the amount of assets in the hedge funds advised by a manager, some hedge fund managers may not be required to register or to file public reports with the SEC.

Hedge funds, however, are subject to the same prohibitions against fraud as are other market participants, and their managers owe a fiduciary duty to the funds that they manage.

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  1. Medical students require a sound understanding of administrative policy and practices to administer care both effectively and efficiently in a rapidly changing environment.