Cliff Asness Quotes About Hedge Fund

We have collected for you the TOP of Cliff Asness's best quotes about Hedge Fund! Here are collected all the quotes about Hedge Fund starting from the birthday of the – October 17, 1966! We hope you will be inspired to new achievements with our constantly updated collection of quotes. At the moment, this page contains 1 sayings of Cliff Asness about Hedge Fund. We will be happy if you share our collection of quotes with your friends on social networks!
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  • 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.

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