“If you think mutual funds aren’t a flagrant enough example of conflict of interest, try hedge funds.”

— Peter D. Schiff

Quotes from Crash Proof (2006)

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "If you think mutual funds aren’t a flagrant enough example of conflict of interest, try hedge funds." by Peter D. Schiff?

Peter D. Schiff 40

American entrepreneur, economist and author 1963

Related quotes

“You've seen my statements, I do very well, I don't mind paying some taxes. The middle class is getting clobbered in this country. You know the middle class built this country, not the hedge fund guys, but I know people in hedge funds that pay almost nothing and it's ridiculous.”

Donald J. Trump (1946) 45th President of the United States of America

Interview on Bloomberg's With All Due Respect — * 2015-08-26
Donald Trump Says He Wants to Raise Taxes on Himself
David Knowles
Bloomberg
http://www.bloomberg.com/politics/articles/2015-08-26/donald-trump-says-he-wants-to-raise-taxes-on-himself
2010s, 2015

“The principal role of the mutual fund is to serve its investors.”

John Bogle (1929–2019)

Princeton thesis, 1951 ( http://www.vanguard.com/bogle_site/sp20051015.htm)

“Mutual funds are an overrated investment heavily promoted by Wall Street.”

Peter D. Schiff (1963) American entrepreneur, economist and author

Quotes from Crash Proof (2006)

“These masters of the universe must be tamed in the interests of the ordinary families whose jobs and livelihoods are being put at risk… The Tories won't say anything about the current crisis as they are completely in the pockets of the hedge funds.”

Vince Cable (1943) British Liberal Democrat politician

Comment's on hedge funds http://blythvalleylibdems.org.uk/news/000037/hbos_brought_to_its_knees_by_hedge_funds_hunting_in_a_pack__cable.html, 17 September 2008.
2008

“I just want you to know I’m not a pedophile. … Maybe the only thing worse than being called a pedophile is being called a hedge fund manager.”

Jeffrey Epstein (1953–2019) American financier, science and education philanthropist and sex offender

As quoted by Charlie Gasparino in Jeffrey Epstein before he died https://www.foxbusiness.com/features/jeffrey-epstein-exclusive-hedge-fund, FOXBusiness, 13 August 2019

“The ability to create same day straight through processing of mutual fund trades is a matter of will.”

Kenneth Griffin (1968) American hedge fund manager

"Justice Delayed," FTSE Global Markets (May/June 2005) http://www.ftse.com/Research_and_Publications/Downloads/GMMayJune05_1.pdf
On using technology to end market timing.

“The brokerage and mutual fund business form a financial colossus that bestrides modern financial, and increasingly, social and political life.”

William J. Bernstein (1948) economist

Introduction, p. xii.
The Four Pillars of Investing (2002)

“But I was confused. Here we were scrambling around looking under rocks for great long-term investments, and every other hedge fund, or so it seemed, was doing some funny hedge of cheap yen money and T-bills. That's investing?”

Andy Kessler (1958) American writer

Part IV, Intellectual Property, The Yen-Scary Trade, p. 165.
Running Money (2004) First Edition

“From the lottery to raise the funds for the founding of Jamestown, Virginia, in 1607 to the lottery used to pay the interest on Dutch loans to the United States during the Revolutionary War, the development of the United States was funded by gambling.”

Aaron C. Brown (1956) American financial analyst

Source: The Poker Face of Wall Street (2006), Chapter 4, A Brief History of Risk Denial, p. 86

“Government shouldn't be doing that to a private company. And I think you named it clearly: It's a slush fund.”

Sharron Angle (1949) Former member of the Nevada Assembly from 1999 to 2007

Alan Stock Show
2010-07-07
GOP Candidate: BP Relief Program Is 'Slush Fund'
2010-07-08
Associated Press
http://politics.usnews.com/news/articles/2010/07/08/gop-candidate-bp-relief-program-is-slush-fund.html
on the BP escrow account to pay out oil spill claims, in response to caller

“If you think mutual funds aren’t a flagrant enough example of conflict of interest, try hedge funds.”

Help us to complete the source, original and additional information

Peter D. Schiff 40

Related quotes

Related topics