Michael Steinhardt
FameRank: 4

"Michael H. Steinhardt" is an American hedge fund manager, financier, investor, newspaper publisher, and philanthropist active in Jewish causes. He was one of the first prominent hedge fund managers, and is a graduate of the Wharton School of the University of Pennsylvania. He founded Steinhardt, Fine, Berkowitz & Co., a hedge fund, in 1967. He is "a legend in the story of hedge funds, partly because of his success as a trader but also because of his personality."

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He knows Hillel as well as anyone coming in, certainly better than the other candidates. He's familiar with the system, he's committed, intelligent, he's attractive and he's got great motivation to do the job.

I hope he has the breadth to do it.

I was always anxious that my fees were egregious and that I had to have the best performance in the world to justify them.

Now people are charging much fancier fees, and they don't make the same demands on themselves. I was always anxious that my fees were egregious and that I had to have the best performance in the world to justify them.