A good thing Quote by Bill Ackman

I believe that the mutual fund industry's biggest shortcoming is too much focus on the momentary price of a stock - an illusion -…

— John C. Bogle

Despite all the media coverage, glitz and glam of hedge funds, they have not done well for their investors. They have high - some…

— Barry Ritholtz

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.

— Barack Obama

Many hedge fund managers have become billionaires; perhaps this - plus their reputations as the smartest guys in the room - is why they…

— Barry Ritholtz

Hedge funds are other hedge funds' toughest competition. And there are just more of them, and it's tougher and tougher all along.

— Julian Robertson

There was a time traditionally - say, GM in the 1950s - it was trying to develop a consumer base that would be loyal…

— Noam Chomsky

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

Mutual funds charge 2% per year and then brokers switch people between funds, costing another 3-4 percentage points. The poor guy in the general…

— Charlie Munger

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 think there are probably too many hedge fund managers in the world, as well as active fund managers. The hedge fund industry is…

— Martin Gilbert

In 2008, people who invested in hedge funds needed capital badly, but many of the funds would not return their money. However, I gave…

— Carl Icahn

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…

— Kenneth Rogoff