Hedge Fund Quotes

NEW YORK Climate change is likely to exact enormous costs on U.S. regional economies in the form of lost property, reduced industrial output and more deaths, according to a report backed by three men with vast business experience. The report, released Tuesday, is designed to persuade businesses to factor in the cost of climate change in their long-term decisions and to push for reductions in emissions blamed for heating the planet. It was commissioned by the Risky Business Project, which describes itself as nonpartisan and is chaired by former New York City Mayor Michael R. Bloomberg, former Treasury Secretary Henry M. Paulson Jr. and Thomas F. Steyer, a former Bay Area hedge fund manager. ~ Anonymous

The competitive landscape of hedge funds is rapidly changing, as hundreds of funds are opened and closed every year. For example, Pensions & Investments reported that 784 new funds were started in 2009, while 1,023 existing funds were closed. Amazingly, the median life of a hedge fund is only 31 months. Fewer than 15 percent of hedge funds last longer than six years, and 60 percent of them disappear in less than three years.[3] ~ Gordon Murray

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

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

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

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

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

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

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

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

The 1969 experience has been a rude awakening for many hedge-fund investors and has left some of them with strong reservations about the whole concept. For the first time in their relatively short history, the funds are not growing: in fact, some have suffered large withdrawals of capital, and a few have actually folded. ~ Carol Loomis

The hedge fund known as "Long Term Capital Management" collapsed last fall through overconfidence in its highly leveraged methods, despite I.Q.'s of its principals that must have averaged 160. Smart people aren't exempt from professional disasters from overconfidence. Often, they just run aground in the more difficult voyages they choose, relying on their self-appraisals that they have superior talents and methods. ~ Charlie Munger

In his tub-thumping speech at the 2008 Republican National Convention, Romney sounded like the hedge-fund tycoon he is. ~ Stephen Kinzer

Although the art world is frequently characterised as a classless scene where artists from lower-msddle-class backgrounds drink champagne with high-priced hedge-fund managers, scholarly curators, fashion designers and other "creatives," you'd be mistaken if you thought the world was egalitarian or democratic. Art is about experimenting with ideas, but it is also about excellence and exclusion. In a society where everyone is looking for a little distinction, it's an intoxicating combination. ~ Sarah Thornton

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. ~ Vince Cable

Over the last 30 odd years, Democrats have moved to the right and the right has moved into the mental hospital. So what we have is one perfectly good party for hedge fund managers, credit card companies, banks, defense contractors, big agriculture and the pharmaceutical lobby ... That's the Democrats. And they sit across the aisle from a small group of religious lunatics, flat-earthers and civil war re-enactors who mostly communicate by AM radio and call themselves the Republicans and who actually worry that Obama is a socialist. Socialist? He's not even a liberal. ~ Bill Maher

Bad parent! Bad Parent! Your children will grow up to be drug addicts, derelicts, serial murderers and hedge fund managers! ~ Eric Flint

Some people in the art world bemoan the hedge fund millionaires spending freely to acquire ostentatious displays of wealth and coolth for their giddily chic designer duplexes. Others bemoan art being treated as a commodity. But most of the bemoaning is because the art world is stuffed full of bemoaners, bemoaning about everything. ~ Charles Saatchi

The Economic Policy Institute, a progressive think tank, estimated that the hedge fund loophole cost the government over $6 billion a year - the cost of providing health care to three million children. Of that total, it said, almost $2 billion a year from the tax break went to just twenty-five individuals. ~ Jane Mayer

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

There was a Dana Phelps with a son named Brandon, but they didn't live on the Upper East Side of Manhattan. The Phelpses resided in a rather tony section of Greenwich, Connecticut. Brandon's father had been a big-time hedge fund manager. Beaucoup bucks. He died when he was forty-one. The obituary gave no cause of death. Kat looked for a charity - people often requested donations made to a heart disease or cancer or whatever cause - but there was nothing listed. ~ Harlan Coben

Children raised on the ethic of the 'Neighborhood', though less likely to make millions on an innovative hedge-fund scheme on Wall Street, are more likely to grow up with the kind of social and emotional understanding that can lead to a happy balanced life. ~ Maxwell King

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

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

Our plutocracy, whether the hedge fund managers in Greenwich, Connecticut, or the Internet moguls in Palo Alto, now lives like the British did in colonial India: ruling the place but not of it. If one can afford private security, public safety is of no concern; to the person fortunate enough to own a Gulfstream jet, crumbling bridges cause less apprehension, and viable public transportation doesn't even compute. With private doctors on call and a chartered plane to get to the Mayo Clinic, why worry about Medicare? ~ Mike Lofgren

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

If we're going to actually come up with robots that will do our laundry or tidy up the kitchen, we're going to have to make sure that whatever replaces capitalism is based on a far more egalitarian distribution of wealth and power - one that no longer contains either the super-rich or desperately poor people willing to do their housework. Only then will technology begin to be marshaled toward human needs. And this is the best reason to break free of the dead hand of the hedge fund managers and the CEOs - to free our fantasies from the screens in which such men have imprisoned them, to let our imaginations once again become a material force in human history. ~ David Graeber

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

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

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

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

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

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

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

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

Some social or economic upheavals always seem to come out of the blue, but we should nonetheless ask ourselves if we are right to regard them as the result of an impenetrable destiny.
The volume of futures contracts on financial instruments and raw materials has recently exceeded by a factor of twenty times the volume of the goods that they relate to. Just as forty years ago the arms race brought nuclear weapons that had the capacity to exterminate a population twenty times larger than that of the whole world, so today finance is ruled by processes and mechanisms that stand alone and are divorced from reality.
Like the man whose finger hovered just above the red button, the hedge fund managers or traders who follow their orders have no understanding of the effects of their actions on the world population and don't know about its dramas, which are considered as minor inconveniences along the way.
Every time we make a purchase, buy a loaf or a glass of orange juice, we need to know that the flour and juice that we are paying for, even the coins we use to pay for it, have already been bought and sold twenty times before they end up in our hands.
Those who can afford to pay the amount they are asked for don't worry about it: producers are oppressed by the fluctuations in the price of raw materials but nobody listens to them.
The size and range of transactions on the financial markets are increasing and their effects grow ever more violent and unpredicta ~ John Rupert McGregor 1959 -2012

There's something wrong when hedge fund managers pay lower tax rates than nurses or the truckers ~ Lindsey Graham

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

It is intellectually dishonest to lump venture investors with hedge fund and buy-out investors. ~ Jose Ferreira

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

He who smiles in a crisis; has finally found someone to blame. ~ Anonymous Hedge Fund Manager

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

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

You're told that you're supposed to go to college, but you're also told that you are being self-indulgent if you actually want to get an education. As opposed to what? Going into consulting isn't self-indulgent? Going into finance isn't self-indulgent? Going into law, like most of the people who do, in order to make yourself rich, isn't self-indulgent? It's not okay to study history, because what good does that really do anyone, but it is okay to work for a hedge fund. It's selfish to pursue your passion, unless it's also going to make you a lot of money, in which case it isn't selfish at all. ~ William Deresiewicz

People think that the art market is about opportunists and hedge-fund managers getting broken art, but what really happened is that there was a new configuration of bourgeois values in the U.S. and an acceptance among the bourgeoisie of contemporary art as an idea. I think that bourgeois people are horrible. ~ Liam Gillick

I don't like writing straight-up thrillers. I like writing about families hurled into crisis and danger - soccer moms and regular dads and husbands who might have to rescue their daughters or who are, say, hedge fund managers and have one foot on the sidelines watching their kids and the other in nefarious cover-ups and conspiracies. ~ Andrew Gross

The Fed is the greatest hedge fund in history. ~ Warren Buffett

Oh, crap.
The last person she wanted to run into this morning when she had to be super-professional was Hot Pool Guy. Before she had a chance to hide behind a plant or something, his gaze connected with hers and held her hostage.
He flashed a smile and headed her way. Shit. She got to her feet thinking she'd say a quick hello before telling him she was meeting someone and excuse herself. Look away from those amazing dark eyes before you get yourself in trouble. She forced her attention down.
And found a logo on the breast pocket of his white polo shirt.
Word.
Heritage.
Fund.
Kill her now. ~ Robin Bielman

The mere existence of sanctions is not sufficient to ensure compliance. If no attention is paid to supervision, there is a risk that sectors that resist the requirements will not comply with them or will comply less thoroughly than they should. Regular and thorough supervision enhances compliance. ~ International Monetary Fund

The thorn tree just began to bud
And greening stained the sheltering hedge,
An many a violet beside the wood
Peeped blue between the withered sedge;
The sun gleamed warm the bank beside,
'Twas pleasant wandering out a while
Neath nestling bush to lonely hide,
Or bend a musings o'er a stile. ~ John Clare

There's accountability in the mutual fund industry. And they've been tremendous engines of wealth for people and they're going to continue to be so. ~ Jim Cramer

I focus on faculty, as opposed to facilities, budgets, endowments or students. I do so because I believe, based on many decades of work as a teacher, a scholar and an administrator, that the quality of the faculty determines the quality of the university. Everything else flows from the quality of the faculty. If the faculty are good, you will attract good students and you will have alumni who will raise funds for you. ~ Henry Rosovsky

Who the fuck has a hedge maze in a residential neighborhood?" "This woman's parents," said Piotr. "Aside from that . . . serial killers, presumably. People who enjoy Stephen King novels a bit too much. And people who are hoping that one night, they'll wake up to find David Bowie standing at their window." "Right, ~ Seanan McGuire

One of the things that was probably to Dad's discredit was that he was never a fund-raiser. But he didn't live in an era of TV ads. ~ Bob Latta

We aren't taught to mourn. We're told to forget. ~ D.R. Hedge

Over the years, the diamond industry has had a devastating impact in countries such as Sierra Leone, Angola and the Congo, where profits from the sale of diamonds have been used to fund brutal wars, with disastrous effects on local communities. ~ Sheherazade Goldsmith

The loan crisis and the increasing slashing of funds for students, coupled with the astronomical rise in tuition, represent an unparalleled attack on the social state. The hidden agenda here is that when students graduate with such high debts, they rarely choose a career in public service; instead, they are forced to go into the corporate sector, and I see these conditions, in some ways, as being very calculated and as part of a larger political strategy to disempower students. ~ Henry Giroux

As mutual fund returns vary widely, e.g. as of October 31, 2014, the 5-year annualized return has varied between -6.94% and 26.42% with average return of 13.62%. A right advisor can definitely provide value addition in fund selection and achieving your goals. ~ Jigar Patel

It is generally supposed that where there is no QUOTATION, there will be found most originality; and as people like to lay out their money according to their notions, our writers usually furnish their pages rapidly with the productions of their own soil: they run up a quickset hedge, or plant a poplar, and get trees and hedges of this fashion much faster than the former landlords procured their timber. The greater part of our writers, in consequence, have become so original, that no one cares to imitate them; and those who never quote, in return are never quoted! ~ Isaac D'Israeli

Two-thirds of professionally managed funds are regularly outperformed by a broad capitalization-weighted index fund with equivalent risk, and those that do appear to produce excess returns in one period are not likely to do so in the next. The record of professionals does not suggest that sufficient predictability exists in the stock market to produce exploitable arbitrage opportunities. ~ Burton G. Malkiel

There are a lot of grotesqueries in politics, not the least of which is the fund-raising side. ~ Jack Kemp

We are going to put an end to the notion that the American taxpayer exists to fund the Federal Government. ~ Ronald Reagan

For me the act of marriage has proven, like most of the other disastrous acts of my life, little more than a hedge against any future lack of good material. ~ Michael Chabon

This fundraising is consuming us. It's impossible to overstate, I think, what it's doing to members and their ability to just focus on the job that they were elected to do. The collective concentration of the institution is being undermined every day by the need to fund-raise. ~ John Sarbanes

After what happened when my last - and if I'm being completely honest, my only - real relationship imploded, my focus needs to be on my career. Sex and marriage and a family and all that can fall into place after I'm a top fund manager. Sometime in the mid-nineties, perhaps.
But the eighties? The eighties are all about getting ahead in the rat race.
And I am determined to be at the front of the pack.
Of rats. ~ Karen Grey

Most Republicans are not prepared to stand up to the fossil fuel industry because they get a lot of their campaign funds from the Koch brothers and other people in the fossil fuel industry. That tells me why we have to reform our campaign finance system. ~ Bernie Sanders

It's a slow process, but it is scary, because if someone can control your energy sources, they can control you. We are already being told what light bulbs we can and cannot use ... through legislation. We are being forced to fund research into alternative energies sources that are inefficient, and that cause the price of food, energy, and everything else to rise ... through legislation ... rather than allow free enterprise to allocate funds to those energy sources that will survive through good old American innovation! ~ Mike Thompson

We need to find a way of having a conversation across the parties on how you fund local government. ~ Johann Lamont

[A] major source of wealth for many families is financial assets, including stocks, bonds, mutual funds, and private pensions ... the wealthiest 5 percent of households held nearly two-thirds of all such assets in 2013 ~ Janet Yellen

The incident had occurred and was gone for me: itwasan incident of no moment, no romance, no interest in a sense; yet it marked with change one single hour of a monotonous life. (...) The new face, too, was like a new picture introduced to the gallery of memory; and it was dissimilar to all the others hanging there: firstly, because it was masculine; and, secondly, because it was dark, strong, and stern. I had it still before me when I entered Hay, and slipped the letter into the post-office; I saw it as I walked fast down-hill all the way home. When I came to the stile, I stopped a minute, looked round and listened, with an idea that a horse's hoofs might ring on the causeway again, and that a rider in a cloak, and a Gytrash-like Newfoundland dog, might be again apparent: I saw only the hedge and a pollard willow before me, rising up still and straight to meet the moonbeams; I heard only the faintest waft of wind roaming fitful among the trees round Thornfield, a mile distant; and when I glanced down in the direction of the murmur, my eye, traversing the hall-front, caught a light kindling in a window: it reminded me that I was late, and I hurried on.

I did not like re-entering Thornfield. To pass its threshold was to return to stagnation; (...) to quell wholly the faint excitement wakened by my walk, - to slip again over my faculties the viewless fetters of an uniform and too still existence; of an existence whose very privileges of security and ease I was becomi ~ Charlotte Bronte

Most people today couldn't tell a bombardier from a brigadier - said during a lecture in aid of the Army Benevolent Fund in 2009 ~ Richard Holmes

I have friends and supporters in the Human Rights Fund and Planned Parenthood. Hillary Clinton has been around there for a very, very long time. Some of these groups are, in fact, part of the establishment. ~ Bernie Sanders

Hedge yelled a question that might have been: Where's Frank? Percy pointed at the giant koi. Frank waved his left dorsal fin. 'Sup? ~ Rick Riordan

I have never been a fan of bond funds. Unlike a direct investment in an individual bond that you can hold to maturity and be assured you will get your principal back (assuming no default), a fund has no finite maturity date and most funds are actively traded. ~ Suze Orman

Ladislaw lingering behind while Naumann had gone into the Hall of Statues where he again saw Dorothea, and saw her in that brooding abstraction which made her pose remarkable. She did not really see the streak of sunlight on the floor more than she saw the statues: she was inwardly seeing the light of years to come in her own home and over the English fields and elms and hedge-bordered highroads; and feeling that the way in which they might be filled with joyful devotedness was not so clear to her as it had been. But in Dorothea's mind there was a current into which all thought and feeling were apt sooner or later to flow - the reaching forward of the whole consciousness towards the fullest truth, the least partial good. There was clearly something better than anger and despondency. ~ George Eliot

My cheeks are red hot,
my lip still trembles,
because I sent my heart
to speak; every word of it
delusional and awkward,
an exuberance, an abrupt sound.
That's how I spoke, oh, it still
shows on my hot cheeks
I'm now carrying home.
I look down at the snow
and walk past many houses,
past many hedges, many trees,
the snow adorns hedge, tree and house.
I walk on, staring down
at the snow, on my cheeks
nothing but red-hot memory
reminding me of my wild talk. ~ Robert Walser

One day we had one of those freak storms when the sky turned blue-black and the lightning fretted a silver filigree across it. And then had come the rain - great, fat, heavy drops, as warm as blood. When the storm had passed, the sky had been washed to the clear blue of a hedge-sparrow's egg and the damp earth sent out wonderfully rich, almost gastronomic smells as of fruit-cake or plum pudding; and the olive trunks steamed as the rain was dried off them by the sun, each trunk looking as though it were on fire. ~ Gerald Durrell

The common fund of experience is very deep. ~ Virginia Woolf

My education was paid for by the RAF Benevolent Fund, so a charity school, run like an orphanage, with uniforms and beatings. It was tough, but it got me to Cambridge - like being a chrysalis suddenly becoming a butterfly. ~ Eric Idle

Save what you can toward the emergency and life happens fund. But don't worry yourself sick at the slow growth. The point is it's growing even it's just one dollar at at time. ~ Michelle Singletary

When the U.K. or U.S. government issues bonds to fund a deficit, the buyers are not solely in the U.K. or the U.S. - they're in Asia, Europe, Latin America and the Middle East. Investment banks provide direct access to these buyers. ~ Bob Diamond

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. ~ Carl Icahn

It's the company itself, but most of these mutual fund companies, the guy who runs the company is just a fact totem and the guy who runs the money is the power. But we really don't know who they are. ~ Jim Cramer

From his father, Gansey had gotten a head for logic, an affection for research, and a trust fund the size of most state lotteries. From their father, the Lynch brothers had gotten indefatigable egos, a decade of obscure Irish music instrument lessons, and the ability to box like they meant it. Niall Lynch had not been around very much, but when he had been, he had been an excellent teacher. ~ Maggie Stiefvater

Just days after Mitt Romney suggested he might run for president, there's been a backlash. The backlash is led by Jeb Bush, Mike Huckabee, and just to hedge his bets on every issue, Mitt Romney. ~ Conan O'Brien

If one is to use public funds he must accept a responsibility to the public. ~ Thomas Francis, Jr.

I thought you were opposed to engaging in prostitution to fund our travels."
"That's not what I - is prostitution your answer for everything? ~ Claudia Gray

We're looking to identify funds if we can. We're also looking at other resources to assist the government in making this a reality, ... At this point, we don't have a particular source of funding for that but we're still looking if we could help in finding another way to assist. ~ Thomas G. Glenn

I've worked since I was 18. I have no trust fund and don't expect anything. ~ Jasmine Guinness

I still don't get it" Coach Hedge muttered as they roamed the centre aisle. "They named a whole town after Leo's table?"
"I think the town was here first, Coach" Nico said. ~ Rick Riordan

As a child, when his mother would pray that he would have a hedge of protection or a hedge of angels around him, he would think, "Anyone can jump a hedge. How hard is that? Forget the hedge of angels; I'm praying for a dome of angels. ~ Jonathan Acuff

Frank Zhang, you should know!" Frank flinched. "I should?" "A son of Ares stood here!" Hedge cried indignantly. "I'm Roman ... so Mars, actually." "Whatever! Famous spot in the American Civil War!" "I'm Canadian, actually. ~ Rick Riordan

Fact is Our Lord knew all about the power of money: He gave capitalism a tiny niche in His scheme of things, He gave it a chance, He even provided a first installment of funds. Can you beat that? It's so magnificent. God despises nothing. After all, if the deal had come off, Judas would probably have endowed sanatoriums, hospitals, public libraries or laboratories. ~ Georges Bernanos

I can't believe you'd rather hold handle bars than a girl."
He angled his head thoughtfully."I hadn't considered that."
"Maybe you should."
He hopped over,gingerly swinging his bad leg over to the other side and settled down behind me on the seat.
"You got rules on how I can hold you?"
"Nothing distracting while I'm driving," I tossed over my shoulder, meeting his gaze."We don't need another accident."
"And when you're not driving?"
"The Kate-have-a-good-time fund is getting low.Maybe you should think about making a deposit. ~ Rachel Hawthorne

Back in 1998, he [Tom Hanks] gave the maximum amount of money that he could to Bill Clinton's defense fund. This is a man who was against gay marriage, as was Hillary Clinton. ~ Bill O'Reilly