Before I go too far using the term “hedge fund” please recall an earlier comment.
That said, a great article from Mises.org offered:
“A market is only a means to an end; it a process set in motion by the actions of individuals and their valuations. It works as a means to satisfy various ends because, when unfettered, the pricing mechanism has a wonderful way of allocating scarce resources. Financial markets also provide strong built-in incentives to police themselves, since there is money to be made doing it.”