Quotes about "Money & Wealth"

Successful hedge funds will be entrepreneurial; it is the essence of the craft. ”

If you want an alternative currency, check out gold. It has stood the test of thousands of years as a store of value and medium of exchange. ”

The starting point of my career in money management in 1973-74 was the time of the only true bear market any living non-Japanese investor has seen in major markets. Equities, real estate, you name it, everyone got run over. ”

Today, even small entities that trade complex instruments or are granted sufficient leverage can threaten the global financial system. ”

It's true that monetary policy was too lax for too long, and the government encouraged lending to people who were unlikely to repay their loans. ”

My concern as a citizen and as a money manager is, Oh my God, at what point does a 'whoa' moment happen to these people who own $30 trillion fixed income instruments? ”

There is no more reason to believe that Bitcoin will stand the test of time than that governments will protect the value of government-created money, although Bitcoin is newer, and we always look at babies with hope. ”

The Congo is very wealthy from oil money but is not paying its debts and at the same time is applying for special status at the World Bank. That's shocking and disingenuous. ”

Creating a regulatory system that reflects the modern-day realities of financial markets is not as difficult as it may appear. ”

I'm not in it for the money. I like music. I love to write music. I can't imagine myself not playing or singing or writing. It would just drive me crazy if I didn't. ”