hedge funds

“What I'm saying is like, I think in the private markets, we hear a lot about venture investors you know, often speaking good about their own companies, where people really get irritated is when venture investors speak bad about other companies. It's the equiva…”

“It feels to me like there's a political realignment Happening here, where the left and the right, we're all getting on board with this idea and it's got to get fixed.”

“So I think you're going to see a unanimity on the populace left and right in reaction to these hedge funds.”

“When I was at Google in Oh, four or so Sergei Was kind of throwing around the idea. Why don't we start a hedge fund? Because we have all this data about what people are searching for, and we can see all of this consumer behavior, and we could trade on that and…”

“At some point, These folks will have taken too much risk, and we'll look back on it, and we'll think that hedge funds should probably have been more regulated than they are with respect to their leverage ratios, not with respect to their strategies.”

“They can take on so much leverage that even if you have, you know, 60, seventy billion, you're running a trillion long. And, you know, a trillion is not what it used to be, but it's still a lot of money where you can really screw up the infrastructure of Ameri…”

“And when you see that kind of graph, it doesn't matter what asset class it is, the returns go to zero. And so we've seen this in venture capital. We've seen this in hedge funds. And we're now going to see this in private equity.”

“Apparently he started with two hundred million or so in his hedge fund, and he rolled that all the way up to twenty billion, I think.”