Our expectation is that there would be significant redemptions from the fund -- about $3 billion over the next three to six months.

195

Investors don't want to be hassled, and hedge funds respect their right to privacy. That's very important to them, ... But now funds have to gain a level of knowledge that they're not managing dirty money. It's a fine line.

158

If you're way too big, too large, then your ability to manage disappears.

146

I think hedge fund managers have positioned themselves conservatively, ... We're near the bottom now. Almost all of them are conservatively positioned.

121

Now is not a good time to invest in distressed securities.

111

He is very opportunistic about investing.

111