@zinscapital: Allright lads, since the perception in the industry is that low vol fully systematic and automated Hedgefunds have the lowest risk the Chapter 11 filings tells a different story: We Analyzed all Chapter 11 fillings of Hedgefunds and strategies and came up with that Ranking: So if you don't want your money to go down the drain, Only Long and difersified Macro Strategies are the sweet spot.