(129 quotes found)
“Derivatives cannot hedge derivatives for accounting purposes -- now or under FASB 133, ... Does Dave [Duncan] think his accounting works even under FASB 133? No way.”
Carl Bass
“Most of the hedge funds will vote with me and there will be some transference from some of the mutual funds, although others won't go against a sitting incumbent. It's no slam dunk, but we have a better chance then the world gives us.”
Carl Icahn
“The fundamentals haven't changed, there's very strong investment demand and the hedge funds have certainly cut back their longs over the last week or so - that's usually a recipe for a rally.”
Craig Ferguson
“Institutions are putting money into hedge funds to access some of the world's best investment management talent and to source returns that aren't correlated to the markets.”
Carrie McCabe
“In addition to the stock market, China's bond markets have developed rapidly in recent years and increasingly need hedging tools.”
Cao Jianming
“You can only control for what you can control. And without a really good understanding of the risk a hedge fund is taking, you're in the dark. And don't forget that what you're really buying when you invest in a hedge fund is your claim on a manager's skill and insight. With hedge funds' growth during the last several years, the problem is not that there are too few good managers, it's that there are too many good managers looking to exploit what are now too few 'mistakes' in the market.”
Cal Brown
“Credit derivatives and hedge funds have grown fairly spectacularly over the last five years.”
Andrew Lo
“There is conversation that over the next ten years, hedge funds would become like mutual funds, ... There is some merit to that conversation, but I think there might be some lag time.”
Charles Gradante
“The historical performance of hedge funds indicates that they deserve a little more rope, after 14 years of being tracked by professionals, now that they have hit a soft spot in their track record.”
“There is a fraud going on in this country where offshore hedge funds dwelling in an unregulated environment are selling massive numbers of shares short and doing various schemes not to cover (their short positions), ... In the process, companies are getting destroyed, technology is getting destroyed, and hard working Americans are getting screwed.”
Christian Smith
