A Cure for Diversification-Deficit Disorder from M.I.T.'s Andrew Lo- NYTimes.com

Short version: Andrew Lo has created a mutual fund that tries to replicate hedge funds returns in order to allow small time investors improved diversification.Longer version: The NY Times looks at one of the biggest names in academic finance Dr. Andrew Lo of MIT.A New Fund From an M.I.T. Professor - NYTimes.com: "Dr. Lo and his staff use futures and forward contracts to invest in the stock, bond