A Quote by David Einhorn
When people ask me what I do for a living, I generally tell them 'I run a hedge fund.' The majority give me a strange look, so I quickly add, 'I am a money manager.' When the strange look persists, as it often does, I correct it to simply, 'I'm an investor.' Everyone knows what that is.
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Funny enough, if you are looking at people these days who are putting Botox in their face and getting all sorts of plastic surgery, we look at them and go, I can tell you've had Botox. I can tell you've had plastic surgery. You look really strange to me. But no one's saying anything. We're just accepting the fact that they're strange-looking.
My father identified as a black man. No one asked him because he was clearly black. But people always ask me. If we were together, people would look at us in a really strange way. It sucked. As a little girl I had blond hair and they'd look at me, look at him, and be disgusted.
Perhaps what I am about to say will appear strange to you gentlemen, socialists, progressives, humanitarians as you are, but I never worry about my neighbor, I never try to protect society which does not protect me -- indeed, I might add, which generally takes no heed of me except to do me harm -- and, since I hold them low in my esteem and remain neutral towards them, I believe that society and my neighbor are in my debt.
I tell everyone that works for me not to look down on people. If you're nice to people and take a minute to talk with them, it's good for business whether or not they buy anything. Just because they don't look like they have money doesn't mean they're poor.
Money can make people look at you in strange ways. You get phone calls from people you haven't spoken with in a long time, and they'll leave a message saying, 'Do me a favor, call me back. I have something I want to ask you.' I'm not going to answer those calls, because there's always something behind it, like a loan.
There are a lot worse things you can do with all your bucks than giving them to even a mediocre mutual fund - such as, for example, giving them to a mediocre hedge fund. If supporting the lifestyle of a mediocre fund manager is your favorite charity, who am I to stop you?
Hedge funds are investment pools that are relatively unconstrained in what they do. They are relatively unregulated (for now), charge very high fees, will not necessarily give you your money back when you want it, and will generally not tell you what they do. They are supposed to make money all the time, and when they fail at this, their investors redeem and go to someone else who has recently been making money. Every three or four years they deliver a one-in-a-hundred year flood. They are generally run for rich people in Geneva, Switzerland, by rich people in Greenwich, Connecticut.
Often, when you look at history, at least through the lens that many of us have looked at history - high school and college courses - a lot of the color gets bled out of it. You're left with a time period that does not look as strange and irrational as the time you're actually living through.
If I say something honestly, generally, I am being completely honest and don't tell me I am lying. It drives me crazy to be told I set up my pictures. How does it benefit me to lie? I guess they are afraid to believe it and are afraid to look at it.
Listen,” F. Jasmine said. “What I’ve been trying to say is this. Doesn’t it strike you as strange that I am I, and you are you? I am F. Jasmine Addams. And you are Berenice Sadie Brown. And we can look at each other, and touch each other, and stay together year in and year out in the same room. Yet always I am I, and you are you. And I can’t ever be anything else but me, and you can ever be anything else but you. Have you ever thought of that? And does it seem to you strange?
I learned quickly, as I tell my graduate students now, there are no answers in the back of the book when the equipment doesn't work or the measurements look strange.
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.
It's very strange to go to cities like London and New York. People walk so quickly, they seem to be in a hurry all the time. And you don't say 'Hi' to everyone you meet, and you don't smile to everyone you meet, because there's just so many. Which is also very strange.
As the first Hispanic female governor in history, little girls often come up to me in the grocery store or the mall. They look and point, and when they get the courage, they ask 'Are you Susana?' and they run up and give me a hug.
It often occurs to me that this is a strange way to make a living. But it's wonderful, too. There are many ways to read maturity, and I'm not fighting the instinct to simply enjoy that kind of nonsense. I love that someone would pay me to draw on somebody else's bottom.
A stranger here Strange things doth meet, strange glories see; Strange treasures lodged in this fair world appear, Strange all, and new to me. But that they mine should be, who nothing was, That strangest is of all, yet brought to pass.
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