Quote by William Poundstone

He was at a starting point which makes many a man's career a fine subject for betting, if there were any gentlemen given to…

— George Eliot

A lot of people at Shearson ended up making a lot of money because they had stock or stock options. Their kids were able…

— Sanford I. Weill

“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

By setting up Berkshire Hathaway, Warren has done everything very rationally.

— Walter Schloss

Berkshireis in the business of making easy predictions If a deal looks too hard, the partners simply shelve it.

— Charlie Munger

There is scarcely an instance of a man who has made a fortune by speculation and kept it

— Andrew Carnegie

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

— Barry Ritholtz

If, instead of playing the horses, an individual chooses to play the market, that is his own affair. Only he must understand that speculating…

— Catherine Crook de Camp

In the public mind, an investment banker is no longer conservative; he's a risk taker, a gambler in high stakes, not to mention a…

— Lionel Shriver

Literally draw a detailed map-like an organization chart-of interlocking ownership and affiliates, many of which were also publicly traded. So, identifying one stock led…

— Seth Klarman

The investor's chief problem - and even his worst enemy - is likely to be himself.

— Benjamin Graham

I don't see any magic in hedge funds.

— John C. Bogle