Active Quote by Eugene Fama

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

To make the most of your money, I recommend sticking with mutual funds that don't charge a commission when you buy or sell.

— Suze Orman

Hedge funds are a very efficient way of managing money. But there are clearly some risks. Hedge funds use credit and credit is a…

— George Soros

Hedge fund managers charge so much more than mutual fund managers; alpha is even harder to come by. They end up selling a variety…

— Barry Ritholtz

Most active mutual funds are more interested in collecting fees than in boosting returns for investors.

— David F. Swensen

My career in academic research has not been involved with active management of securities. I've tried to understand risk-and-return relationships; also the pricing of…

— Myron Scholes

Index funds have regularly produced rates of return exceeding those of active managers by close to 2 percentage points. Active management as a whole…

— Burton Malkiel

Still, I figure we shouldn't' discourage fans of actively managed funds. With all their buying and selling, active investors ensure the market is reasonably…

— Paul Samuelson

Active management leads to lots of poor investor behavior. It sends people chasing after whoever has the hot hand at the moment.

— 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

Given the typical fee structures of hedge funds, they need to do something different to make money in a consistent way.

— Paul Singer

After costs, only the top 3% of managers produce a return that indicates they have sufficient skill to just cover their costs, which means…

— Eugene Fama