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.
Mehmet Murat Ildan
When you are very successful, you fly at the very high altitudes and up there you long for to be applauded by the Stars or by the Moon or by the God Himself, not by the people down on earth! In this case, I advice you this: Be humble; only then you will get the applause of the sublimes; only then, of the noble heights!
