Quotes About Hedge Funds

#1. You can't have bank holding companies acting as hedge funds. You can't have them taking a million-dollar pension plan for Joe Schmo the bus driver and treat it with the same risk appetite that you treat George Soros' pocket money. It's fundamentally ridiculous. - Author: Shia Labeouf

#2. The free market is at its best when everybody works in a fish bowl and tells you their point of view ... The hedge funds and portfolio managers have a right to do this ... We've muted the analysts and their presence in the system. - Author: Mario Gabelli

#3. Hedge funds, private equity and venture capital funds have played an important role in providing liquidity to our financial system and improving the efficiency of capital markets. But as their role has grown, so have the risks they pose. - Author: Jack Reed

#4. I've heard that one-half of the students at elite schools want to go into private equity or hedge funds. They want to keep up with their age cohorts at Goldman. This can't possibly end well in terms of meeting these expectations. - Author: Charlie Munger

#5. Despite all the media coverage, glitz and glam of hedge funds, they have not done well for their investors. They have high - some say excessively high - fees; their short- and long-term performance has been poor. - Author: Barry Ritholtz

#6. Overwinding happens when hedge funds destroy companies by attempting to leverage derivatives against otherwise productive long-term assets. - Author: Douglas Rushkoff

#7. Substantially fewer films will be produced over the next year or two. And a significant portion of the production costs of the reduced slate will be borne by hedge funds and other investment groups. - Author: Peter Bart

#8. I never use hedge funds because I am well aware of what drives future performance, and hedge funds start out with a great disadvantage in every major category: taxes, fees, risk management, transparency and liquidity. - Author: Peter Mallouk

#9. 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. - Author: Anthony Goldbloom

#10. 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. - Author: Maneet Ahuja

#11. One of the problems with hedge funds is that they are changing so rapidly. If you have the balance sheet that closed business last night, by 11 A.M. this morning, that won't tell you very much about what they're doing. - Author: Alan Greenspan

#12. If you think Wall Street has a short memory, you're dead wrong. No, the folks who work on Wall Street, regulate Wall Street - and, above all, invest in its wares, notably its hedge funds - don't have a bad memory. They don't have any memory at all. - Author: Gary Weiss

#13. For most Indians in America, wealth is not inherited. Neither do we make it as heads of large hedge funds and private equity funds. For us to make it to the top, we have to use our knowhow to create great new technology products and build high-tech companies. - Author: Romesh Wadhwani

#14. 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? - Author: Donald Trump

#15. In general, the hedge funds were clobbered by the 1969 bear market, ending up in many cases with records that were worse than those put together by aggressive mutual funds denied the luxury of short sales. - Author: Carol Loomis

#16. In 2008, people who invested in hedge funds needed capital badly, but many of the funds would not return their money. However, I gave money back to any investor who requested it. It was the bottom of the market and a pretty tough time. - Author: Carl Icahn

#17. The risks facing hedge funds are non-linear and more complex than those facing traditional asset classessuch risks are currently not widely appreciated or well-understood - Author: Andrew Lo

#18. Successful hedge funds will be entrepreneurial; it is the essence of the craft. - Author: Paul Singer

#19. ...there should be no place in a portfolio for hedge funds. There are lots of reasons, but the main one is simple: Investing in hedge funds is a great way to increase the odds of underperformance. - Author: Peter Mallouk

#20. These masters of the universe must be tamed in the interests of the ordinary families whose jobs and livelihoods are being put at risk ... The Tories won't say anything about the current crisis as they are completely in the pockets of the hedge funds. - Author: Vince Cable

#21. The bigger worry for him is if Danish banks and pension funds lose faith in the peg and start to sell euro assets to hedge their currency risks. "It is more important for Danish authorities to convince people in Denmark that they keep the peg than foreign investors," he says. - Author: Anonymous

#22. Wall Street, with its army of brokers, analysts, and advisers funneling trillions of dollars into mutual funds, hedge funds, and private equity funds, is an elaborate fraud. - Author: Michael Lewis

#23. The global financial system consists of firms in the financial services sector - banks, hedge funds, insurance companies and the like - and various governmental agencies who are charged with regulating these firms. - Author: John L. Casti

#24. There is a simple rule here, a rule of legislation, a rule of business, a rule of life: beyond a certain point, complexity is fraud. You can apply that rule to left-wing social programs, but you can also apply that rule to credit derivatives, hedge funds, all the rest of it. - Author: P. J. O'Rourke

#25. The corporation and the hedge funds have a hold on Hollywood, and they all want to make money on anything that signifies cinema. - Author: Alejandro Gonzalez Inarritu

#26. Hedge funds are a very efficient way of managing money. But there are clearly some risks. Hedge funds use credit and credit is a source of instability. Transactions involving credit should be regulated. - Author: George Soros

#27. I don't think that hedge funds are bad per se. I think they're just one more financial tool. And in that sense, they're useful. - Author: Barack Obama

#28. 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. - Author: Gary Weiss

#29. For example, you could build many companies based on applying the cutting edge predictive analytics and data mining techniques commonly used at consumer web startups, quantitative hedge funds, etc., to less advanced industries. - Author: Chris LoPresti

#30. I can't figure out why anyone invests in active management, so asking me about hedge funds is just an extreme version of the same question. Since I think everything is appropriately priced, my advice would be to avoid high fees. So you can forget about hedge funds. - Author: Eugene Fama

#31. Hedge funds have made massive leveraged credit bets, knowing that their upside is billions in fees and their downside is millions in fees. - Author: Janet M. Tavakoli

#32. The Federal Reserve was not founded to bail out Bear Stearns or a few hedge funds. It was founded to keep a stable currency and maintain its value. - Author: Jim Rogers

#33. Some PhD physicists write software or work for hedge funds, but physics still has a problem with having very smart people but not enough opportunities. - Author: Stuart J. Russell

#34. Most hedge funds fail: 90 percent of all the hedge funds that have ever existed have closed or gone broke. - Author: John Lanchester

#35. We conclude that hedge funds are far riskier and provide much lower returns than is commonly supposed. - Author: Burton Malkiel

#36. From coast to coast, the FBI and Securities and Exchange Commission have ensnared people not only at hedge funds, but at technology and pharmaceutical companies, consulting and law firms, government agencies, and even a major stock exchange. - Author: Preet Bharara

#37. Improving oversight of hedge funds and other private funds is vital to their sustainability and to our economy's stability. - Author: Jack Reed

#38. Given the typical fee structures of hedge funds, they need to do something different to make money in a consistent way. - Author: Paul Singer

#39. 10/20/30 Rule in my book can level the playing field for a retail forex trader to trade alongside big banks and hedge funds. - Author: Ramesh Selvarajoo

#40. 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. - Author: Barry Ritholtz