Top 53 Hedge Fund Quotes
#1. Private-equity and hedge-fund guys typically come into a situation of mediocrity, where rapid change may result in a profit.
Austin Ligon
#2. A file-sharing service and a hedge fund are essentially the same things. In both cases, there's this idea that whoever has the biggest computer can analyze everyone else to their advantage and concentrate wealth and power. It's shrinking the overall economy. I think it's the mistake of our age.
Jaron Lanier
#3. If I had to sum up my practical skills, I would use one word: survival. And operating a hedge fund utilized my training in survival to the fullest.
George Soros
#4. What I want people to know is I went to Wall Street before the crash. I was the one saying you're going to wreck the economy because of these shenanigans with mortgages. I called to end the carried interest loophole that hedge fund managers enjoy. I proposed changes in CEO compensation.
Hillary Clinton
#5. I think the idea that the hedge fund manager gets lower taxes than the taxi driver or the physics professor is insane. The legislators who leave that policy in place are derelict in their duties to be rational and fair. There are plenty of them in both political parties. It's totally outrageous.
Charlie Munger
#6. I'd somehow managed to get an executive stuck in a tree. Instead of a saucer of milk and 'Here kitty, kitty, kitty,' someone might want to bring a hedge fund and a recording of George Bush promising 'No new taxes.
Michael Gurnow
#7. Here's what income and wealth inequality is about. Last year, the top 25 hedge fund managers made more than 24 billion, enough to pay the salaries of 425,000 public school teachers. This level of inequality is neither moral or sustainable
Bernie Sanders
#8. In his tub-thumping speech at the 2008 Republican National Convention, Romney sounded like the hedge-fund tycoon he is.
Stephen Kinzer
#9. Insider trading by hedge funds has a long and distinguished history, dating to the days when people didn't know that there was such a thing as a hedge fund.
Gary Weiss
#10. A hedge fund manager whose clients demand monthly performance reports has different needs than any individual investors with a 20-year time horizon. The needs of that long-term investor differ markedly from someone who is retiring in three years.
Barry Ritholtz
#12. I like to take people you wouldn't really think people would write novels about: an aqueduct engineer, a code-breaker, a hedge-fund manager. It's in those sorts of lives that I find more fascination than in a CIA operative or a Marine or something like that.
Robert Harris
#13. I've nothing against Goldman Sachs. But Goldman Sachs isn't an investment bank. Goldman Sachs is a hedge fund. It's bigger than any hedge fund. It's more leveraged, to the power of three or five, than any hedge fund.
Nouriel Roubini
#14. Lion Capital also nominated one of its founding partners, Lyndon Lea, to American Apparel's board in place of another nominee, Gene Montesano, the founder of Lucky Brand Jeans, whose name the hedge fund is withdrawing.
Anonymous
#15. Dozens of America's wealthiest taxpayers - including hedge fund legend Michael Steinhardt, super trial lawyer Guy Saperstein, and Ben Cohen of Ben & Jerry's fame - have appealed to President Obama not to renew the Bush tax cuts for anyone earning more than $1 million a year.
Joe Conason
#16. If you want better behavior from bankers, then make their financial incentives more like those in the hedge-fund world - where managers have 'skin in the game,' and their net worth is tied to their long-term performance.
David Ignatius
#17. It defies reason to believe that Martin Luther King, Jr. would march arm in arm with Wall Street hedge fund managers and members of ALEC to lead a struggle for the privatization of public education, the crippling of unions, and the establishment of for-profit schools.
Diane Ravitch
#18. Art is a form of asset. Hedge-fund managers who have made money fast should diversify into other areas.
Michael Steinhardt
#19. Hedge-fund managers make too much money relative to their social utility. I wish their rewards were a bit closer to those of, say, schoolteachers.
David Ignatius
#20. really a hedge fund but a versatile technology laboratory full of innovators and talented engineers who could apply computer science to a variety of different problems.5 Investing was only the first
Brad Stone
#21. There are a lot worse things you can do with all your bucks than giving them to even a mediocre mutual fund - such as, for example, giving them to a mediocre hedge fund. If supporting the lifestyle of a mediocre fund manager is your favorite charity, who am I to stop you?
Gary Weiss
#22. The number-one job of the hedge-fund manager is not to make sure that you can retire with a smile on your face - it's for him to retire with a smile on his face.
Mark Cuban
#23. There used to be corporations that produced products. Now there are just banks that produce deals, hedge-fund-driven banks and derivatives and those things.
Cornel West
#24. Guys who can't get a job on Wall Street get a job at Moody's, as one Goldman Sachs trader-turned-hedge fund manager put it.
Michael Lewis
#25. Hedge fund managers charge so much more than mutual fund managers; alpha is even harder to come by. They end up selling a variety of things beyond mere outperformance.
Barry Ritholtz
#26. In baseball, you can hit 40 home runs on a single-A-league team and never get paid a thing. But in a hedge fund, you get paid on your batting average. So you go to the worst league you can find, where there's the least competition.
Julian Robertson
#27. Some hedge fund managers have made big bucks trading oil futures - George Soros is one.
Gary Weiss
#28. There's something wrong when hedge fund managers pay lower tax rates than nurses or the truckers
Lindsey Graham
#29. Hillary Clinton has perfected the politics of personal profit and theft. She ran the State Department like her own personal hedge fund - doing favors for oppressive regimes, and many others, in exchange for cash.
Donald Trump
#30. It's quite astonishing how much money people make in the hedge fund business and in the private equity field, and how well-off affluent families really are.
Kenneth Rogoff
#31. FreedomWorks, which is funded primarily by very rich people, solicits donations from non-rich conservative people. More than 80,000 people donated money to FreedomWorks in 2012, and it seems likely that only a small minority of those people were hedge fund millionaires.
Alex Pareene
#32. I'm quite bullish. We're coming up on year 15 of a flat stock market. Historically that's a pretty good sign. So I'm not a hedge-fund manager but if I was I think I'd be feeling pretty good.
Marc Andreessen
#33. I think the hedge-fund industry has taken a reputational turn for the worse, this dog-eat-dog stuff. I'm not just talking about Herbalife or J. C. Penney, but in other situations where the media really focuses on who's long and who's short. I don't think it's a good thing for the industry.
Bill Ackman
#34. It is intellectually dishonest to lump venture investors with hedge fund and buy-out investors.
Jose Ferreira
#35. Hillary Clinton turned the State Department into her private hedge fund. The Russians, the Saudis, the Chinese - all gave money to Bill And Hillary and got favourable treatment in return.
Donald Trump
#36. I had come to Boyne City because I have always been drawn to nature's secrets more than to, say Hollywood's secrets or the secrets of Wall Street hedge-fund managers. Nature is real. It exists beyond our ability to create it or even mediate it.
Langdon Cook
#37. In February 2000, hedge-fund manager James J. Cramer proclaimed that Internet-related companies "are the only ones worth owning right now." These "winners of the new world," as he called them, "are the only ones that are going higher consistently in good days and bad.
Benjamin Graham
#39. If competition for Kaggle's top talent becomes fierce enough among banks, insurance companies, hedge funds - we hope the world's best data scientists will earn more than $50 million per year, just like the world's best hedge fund managers.
Anthony Goldbloom
#40. The pushback I get is, 'He's a hedge fund guy.' Full stop. Some places, that can be a badge of honor. In others, it's almost a term of derision.
Edward Lampert
#41. Everyone told me it was a really stupid idea to start my own hedge fund right out of business school,' says Ackman of the idea. 'That's how I knew that it was a good idea.
Maneet Ahuja
#42. Today, you've got hedge fund billionaires aligned with Karl Rove, running ads against me to try to get Democrats to vote for you [Bernie Sanders]. I know this game. I'm going to stop this game.
Hillary Clinton
#43. In America, we have subsidized private jets, big banks and hedge fund managers. Wouldn't it make more sense to subsidize kids?
Nicholas Kristof
#44. Google the phrase "the most hated man in America." And this guy is one of the first people to pop up. Martin Shkreli, aka Pharma Bro, a 32-year-old drug company entrepreneur and former hedge fund manager who has a lot of money and loves to talk about how he spends it.
Joy-Ann Reid
#45. As for another profession ... I suppose I'd manage a global-macro hedge fund. I love that kind of stuff. Weird, I know, but I find it fascinating.
Nicholas Sparks
#46. You've seen my statements; I do very well. I don't mind paying some taxes. The middle class is getting clobbered in this country. You know the middle class built this country, not the hedge fund guys, but I know people in hedge funds that pay almost nothing, and it's ridiculous, OK?
Donald Trump
#47. Many hedge fund managers have become billionaires; perhaps this - plus their reputations as the smartest guys in the room - is why they have captured the investing public's imagination.
Barry Ritholtz
#48. Prosperity can't be just for CEOs and hedge fund managers. Democracy can't be just for billionaires and corporations. Prosperity and democracy are part of your basic bargain, too.
Hillary Clinton
#49. When people ask me what I do for a living, I generally tell them 'I run a hedge fund.' The majority give me a strange look, so I quickly add, 'I am a money manager.' When the strange look persists, as it often does, I correct it to simply, 'I'm an investor.' Everyone knows what that is.
David Einhorn
#50. Just because it's not hard science, just because it doesn't lead to a high-paying job at a hedge fund after college, doesn't mean it's not worth pursuing.
Kat Rosenfield
#51. We conclude that hedge funds are far riskier and provide much lower returns than is commonly supposed.
Burton Malkiel
#53. Hedge funds are not especially liquid. Many are 'gated' - meaning there are only small windows when you can withdraw your money. They typically have a high minimum investment and often require investors keep their money in the fund for at least one year.
Barry Ritholtz
