Any Quote by John C. Bogle

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

— Paul Singer

We conclude that hedge funds are far riskier and provide much lower returns than commonly supposed.

— Burton Malkiel

Hedge funds are not noted for their long-term thinking - for them, a quarter is an eternity.

— Joseph Stiglitz

Hedge funds try to produce above-average investment returns using tactics ranging from traditional stock-picking to complex derivative and arbitrage plays. High minimum investments, redemption…

— Alex Berenson

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

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, private equity and venture capital funds have played an important role in providing liquidity to our financial system and improving the efficiency…

— Jack Reed

Hedge funds are investment pools that are relatively unconstrained in what they do. They are relatively unregulated (for now), charge very high fees, will…

— Cliff Asness

The average hedge fund manager is going to earn zero per cent in extra return.

— John C. Bogle

“Hedge funds have made massive leveraged credit bets, knowing that their upside is billions in fees and their downside is millions in fees.”

— Janet M. Tavakoli

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

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