It's my guess that something like 5% of GDP goes to money management and itsattendant friction. I define it broadly - annuities,… — Charlie Munger Copy Share Image
Art is a form of asset. Hedge-fund managers who have made money fast should diversify into other areas. — Michael Steinhardt Copy Share Image
“According to Steven Kaplan and Joshua Rauh, the average pay (in 2010 dollars) for the twenty-five highest-paid hedge fund managers climbed from… — Anonymous Copy Share Image
The number-one job of the hedge-fund manager is not to make sure that you can retire with a smile on your face… — Mark Cuban Copy Share Image
Many hedge fund managers have become billionaires; perhaps this - plus their reputations as the smartest guys in the room - is… — Barry Ritholtz Copy Share Image
Banks don't want certain asset classes, and that's created opportunities for private equity, hedge funds, Silicon Valley. In this case I think… — Jamie Dimon Copy Share Image
“NEW YORK Climate change is likely to exact enormous costs on U.S. regional economies in the form of lost property, reduced industrial… — Anonymous Copy Share Image
The underlying strategy of the Fed is to tell people, "Do you want your money to lose value in the bank, or… — Michael Hudson Copy Share Image
Especially from my experience as a quant in a hedge fund - I naively went in there thinking that I would be… — Cathy O'Neil Copy Share Image
In America, we have subsidized private jets, big banks and hedge fund managers. Wouldn't it make more sense to subsidize kids? — Nicholas Kristof Copy Share Image
From coast to coast, the FBI and Securities and Exchange Commission have ensnared people not only at hedge funds, but at technology… — Preet Bharara Copy Share Image
The idea that it's smart to allow Wall Street firms, with this "too big to fail" imprimatur, to become hedge funds again… — Michael Lewis Copy Share Image
The free market is at its best when everybody works in a fish bowl and tells you their point of view The… — Anonymous Copy Share Image
When people ask me what I do for a living, I generally tell them 'I run a hedge fund.' The majority give… — David Einhorn Copy Share Image
A file-sharing service and a hedge fund are essentially the same things. In both cases, there's this idea that whoever has the… — Jaron Lanier Copy Share Image
Our economy is a plantation run for the aristocrats - the CEOs, hedge funds, private equity firms - while the field hands… — Bill Moyers Copy Share Image
I don't think that hedge funds are bad per se. I think they're just one more financial tool. And in that sense,… — Barack Obama Copy Share Image