Yes, I'm a bit bored so I'm only wasting time while my computers are occupied during tests... Anyways... there are definite changes in thehedge fund industry. Recently, I'm seeing news on hedge funds frequently than ever. Looking back like 3-5 years ago, there were limited information about the industry to the public. Of course, there are a lot of managers who continue to keep themselves out of the public eye. There are a lot more $1B+ Funds. It's a lot more easier to raise capital than before. There are first year funds raising $100M, compared to no one even looking at you until you pass the 3 year test. There are Ph.D.s starting funds compared to traders who can "actually trade"running them. Funds are going public, issuing bonds, Do-It-Yourself Hedge Funds, and etc.. Is this all a hype? Are hedge funds accepted as a investment vehicle, more than before? What will the future of the industry be? in 5-10 years. PS. Sure... traders will always be trading. No doubt.