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Forget Stocks and Gold—Try Investing in Natural Disasters
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Forget Stocks and Gold—Try Investing in Natural Disasters

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Forget Stocks and Gold—Try Investing in Natural Disasters

Rich people and big institutions are flocking to hedge funds that buy so-called catastrophe bonds, tied to the probability of hurricanes, earthquakes, large snowfalls and other natural disasters, the NY Times reports.

More on CNBC...

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