Being Quote by Steve Eisman
“Running my fund in 2008 felt a little like being Noah. Noah builds his ark, and he puts his family on the ark, and off they go. So he and his family are safe, and everybody else is dying.”
About This Quote
Source Interview: CNBC, 2008
The speaker likens managing a fund during crisis to Noah saving his family while others perished, highlighting selective survival.
In simple terms: Fund management felt like a survival story.
Prioritize risk protection.
Themes
Mood
Type
When to use this quote
- portfolio protection
- client communication
- regulatory compliance
Key Concepts
Questions to Reflect On
- How do you balance protection with opportunity?
- What ethical responsibilities arise?
Focusing on a few may ignore broader impacts.