The First Step to Running a Hedge Fund

Some of the nation's top hedge fund managers think they've found a sure thing. You probably know their names:

What are they betting on? Stocks, sure. But they're even more jazzed by the returns offered by New York charter schools.

"It's the most important cause in the nation, obviously, and with the state providing so much of the money, outside contributions are insanely well leveraged," Tilson said in an interview with The New York Times.

We agree. We're in our 13th year of the Fool's annual charity campaign, and this time our beneficiary is Thurgood Marshall Academy Public Charter High School in Washington, D.C. Over the next year, Fools will be donating time and talent to teach basic finance to the students there.

We're doing this not because we want to be better investors, though we do believe in studying alongside the masters, but because we believe in financial literacy. We believe in Foolish acts of kindness. And we believe that a more financially literate population is less likely to stumble into fiscal armageddon.

Sound good? Here's how you can help. For every article comment, blog post, blog comment, and discussion board post throughout the campaign, The Motley Fool will donate $0.10 to our adopted school (up to $20,000). So let us know what you think! Use this opportunity to share your thoughts on public education, financial literacy, volunteerism, and what you're doing in your own community.

Berkshire Hathaway and Pfizer are Motley Fool Inside Value picks. Berkshire is also a Motley Fool Stock Advisor selection. Try any of our Foolish newsletter services free for 30 days.

Fool contributor Tim Beyers owned shares of Berkshire Hathaway at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Twitter as @milehighfool. The Motley Fool owns shares of Berkshire and is also on Twitter as @TheMotleyFool. The Fool's disclosure policy never did like hedgehogs. It can't tell you why.


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