What 'Deal or No Deal' can tell us about hedge funds

As popular gameshow 'Deal or No Deal' shows, individuals will make extraordinarily risky bets with other people's money if they stand to make big gains. The same is true of money managers.

We're living in interesting times. A popular TV program called "Deal or No Deal" a high-stakes game show of odds and chance says it all. On the show, contestants compete for cash inside 26 sealed briefcases. The show is exciting because so many contestants take very big risks and at each stage they are offered a "Deal" of a certain free winning or "No Deal", which means they risk it all for a chance to win even more.

How money managers are like gameshow contestants

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MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.