Zitat des Tages von Paul Singer:
Given the typical fee structures of hedge funds, they need to do something different to make money in a consistent way.
There is no safe haven in today's markets.
Capital is kind of a banking concept.
What you have in legacy countries is long-term insolvency.
Check out London, Manhattan, Aspen and East Hampton real estate prices, as well as high-end art prices, to see what the leading edge of hyperinflation could look like.
So many people, including stark conservatives, have family members and close friends who are gay.
Obviously, the institution of marriage in America has utterly collapsed.
Today, even small entities that trade complex instruments or are granted sufficient leverage can threaten the global financial system.
I've never let my guard down by saying, 'I don't need to be hedged.'
In government, the forces of risk-aversion and constant conflict serve to stultify and narrow the range of ideas up for debate.
The building block of every community is family.
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.
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.
Margin is a customer concept.
'Inequality' has become the political theme/slogan of our time in both Europe and the U.S., yet political leaders do not even bother to consider that their own policies, which put the entire burden on central bankers to print money and drive up stock, bond and other asset prices, are actually exacerbating income and wealth disparity.
I'm rarely optimistic.
There's a feeling among some people that the Republican party is harsh on some things.
What I think about derivatives is if every institution that owns or trades them is properly margined and marked to market, including end-users, including every institution, including sovereigns and multilateral institutions, then the system would be safe - if people were margined the way customers of investment banks are margined.