Hedge funds are actively managed pooled investment funds -- which might not make a lot of sense if you're not an expert investor. Here's a simpler explanation.

Hedge funds specializing in various strategies — macro gamblers, fundamental stockpickers, quant traders, and more — are all on the hunt for data to help them understand the tariffs.

Hedge funds built up sizable short exposure to exchange-traded funds with positions of $218 billion and also $948 billion in stocks.

It’s also not the most helpful definition if you’re trying to explain hedge funds to your 12 year old. Fortunately, there’s an easier explanation that can still get the basic point across.