Hedge Quotes
The big advantage that we have as a venture capital firm over a hedge fund or a mutual fund is we have a 13-year lockup on our money. And so enterprise can go in and out of fashion four different times, and we can go and invest in one of these companies, and it's okay, because we can stay the course.
I don't like writing straight-up thrillers. I like writing about families hurled into crisis and danger - soccer moms and regular dads and husbands who might have to rescue their daughters or who are, say, hedge fund managers and have one foot on the sidelines watching their kids and the other in nefarious cover-ups and conspiracies.
Some people in the art world bemoan the hedge fund millionaires spending freely to acquire ostentatious displays of wealth and coolth for their giddily chic designer duplexes. Others bemoan art being treated as a commodity. But most of the bemoaning is because the art world is stuffed full of bemoaners, bemoaning about everything.
It is quite amazing how hard the subconscious works when it is made to understand that this life is not a rehearsal, there is no safety net and no assurance of any final closure. It is also quite appalling to realize how catatonic the imagination can become when we hedge our bets, opt for the safer direction at every fork in the path.
Hedge funds try to produce above-average investment returns using tactics ranging from traditional stock-picking to complex derivative and arbitrage plays. High minimum investments, redemption restrictions and aggressive strategies make them suitable mainly for more sophisticated and well-heeled investors.
