A Quote by Burton Malkiel

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

Burton Malkiel

Quote Topics

Commonly Conclude Far Funds Hedge Hedge Fund Lower Much Provide Returns Supposed Than

Quote Author

Burton Malkiel
American - Economist
Born: August 28, 1932

When I was 23, 24, I started covering hedge funds - a lot of this was luck - when no one else did. This was before hedge funds were the prettiest girl in school: this was pre-nose job and treadmill for hedge funds, when nobody talked to them - back then, it was just all about insurance companies and money managers.

Stephanie Ruhle

It's definitely much harder to run a hedge fund today than it used to be, in my opinion. That's because there are more hedge funds to compete with.

Julian Robertson

Hedge funds are other hedge funds' toughest competition. And there are just more of them, and it's tougher and tougher all along.

Julian Robertson

Plenty of funds have fine long-term returns despite being tax-inefficient and generally costly. But a dirty secret is this: Average, no-load fund investors do much worse than the funds - or the market.

Kenneth Fisher

Move your personal investments and retirement funds to socially responsible investment (SRI) funds that support only those corporations that uphold higher standards of behavior. Returns on SRI funds are usually equal to, if not better than, many of the well-known traditional mutual funds.

Simon Mainwaring

Hedge funds are a very efficient way of managing money. But there are clearly some risks. Hedge funds use credit and credit is a source of instability. Transactions involving credit should be regulated.

George Soros

I would much rather invest in stocks, bonds, private equity and hedge funds than watches.

J. J. Redick

Wall Street, with its army of brokers, analysts, and advisers funneling trillions of dollars into mutual funds, hedge funds, and private equity funds, is an elaborate fraud.

Michael Lewis

I can't figure out why anyone invests in active management, so asking me about hedge funds is just an extreme version of the same question. Since I think everything is appropriately priced, my advice would be to avoid high fees. So you can forget about hedge funds.

Eugene Fama

Insider trading by hedge funds has a long and distinguished history, dating to the days when people didn't know that there was such a thing as a hedge fund.

Gary Weiss

Everybody in Hollywood has to beat the 'no' - and if you write code in Silicon Valley, or if you design cars in Detroit, if you manage hedge funds in Lower Manhattan, you also have to learn to beat the 'no.'

Brian Grazer

In general, the hedge funds were clobbered by the 1969 bear market, ending up in many cases with records that were worse than those put together by aggressive mutual funds denied the luxury of short sales.

Carol Loomis

Improving oversight of hedge funds and other private funds is vital to their sustainability and to our economy's stability.

Jack Reed

If competition for Kaggle's top talent becomes fierce enough among banks, insurance companies, hedge funds - we hope the world's best data scientists will earn more than $50 million per year, just like the world's best hedge fund managers.

Anthony Goldbloom

I think there are probably too many hedge fund managers in the world, as well as active fund managers. The hedge fund industry is very efficient. We see a lot of hedge funds open and a lot close. It's very binary. You either succeed or fail in the hedge fund world. If you succeed, the amount the managers make it beyond most people's wildest dreams of wealth.