“Ken Griffin holds his investors somewhere between indifference and disdain.” —Investor’s comments on the hedge fund report card.
“Their fees are extremely high and their transparency is poor.” —An investor’s comments about Steve Cohen’s SAC Capital Advisors.
“We have felt like a piñata.” —Anthony Scaramucci, founder of fund of funds Skybridge Capital, to President Barack Obama.
“There’s this unprovable sense that the Obama administration and the Democrats are out to get them.” —Michael Boland, Dome Advisors, on the hedge funds’ shift to the right.
"It's a bitch to be old, but sometimes it is not so bad." —David Tepper, founder of Appaloosa Management, on how his experience in the distressed cycle of the 1990s paid off big time in 2009.
"I have no intentions to stop trading or retire in the next five years and plan to stay engaged as CIO for years to come." Paul Tudor Jones, in a statement to AR, addressing concerns about succession at Tudor Investment Corp.