Appraisal Quote by Charlie Munger

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

— Barry Ritholtz

Most investors are pretty smart. Yet most investors also remain heavily invested in actively managed stock funds. This is puzzling. The temptation, of course,…

— Jonathan Clements

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

When we were young, there weren't very many smart people in the investment world. You should have seen the people in the bank trust…

— Charlie Munger

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

“As the manager of my hedge fund, I’ve shorted the stocks of over two hundred companies that have eventually gone bankrupt. Many of these…

— Scott Fearon

A vast industry of stockbrokers, financial planners, and investment advisers skims a fortune for themselves off the top in exchange for passing their clients'…

— Michael Lewis

Overwinding happens when hedge funds destroy companies by attempting to leverage derivatives against otherwise productive long-term assets.

— Douglas Rushkoff

Charlie and I decided long ago that in an investment lifetime, it's too hard to make hundreds of smart decisions. That judgment became ever…

— Warren Buffett

Millions of mutual-fund investors sleep well at night, serene in the belief that superior outcomes result from pooling funds with like-minded investors and engaging…

— David F. Swensen

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