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Insider trading by hedge funds has a long and distinguished history, dating to the days when people didn't know that there was such a thing as a hedge fund.
On the tennis court, one needs a cool temperament, tremendous ball sense, reflexes, speed, hand-eye co-ordination, power, timing and peak physical fitness. Off the court, the player and support team need skills in planning, execution, travel, an ability to raise funds when needed, and several other talents.
Picking winners among the many young companies seeking money is a tough business, even for the most sophisticated investors. Indeed, most professionally run venture funds lose money. For individuals, it's pure folly. Buy a lottery ticket instead. Your chance of winning is likely to be higher.
There is a simple rule here, a rule of legislation, a rule of business, a rule of life: beyond a certain point, complexity is fraud. You can apply that rule to left-wing social programs, but you can also apply that rule to credit derivatives, hedge funds, all the rest of it.
This, then, is held to be the duty of the man of wealth: To set an example of modest, unostentatious living, shunning display or extravagance; to provide moderately for the legitimate wants of those dependent on him; and, after doing so, to consider all surplus revenues which come to him simply as trust funds, which he is called upon to administer, and strictly bound as a matter of duty to administer in the manner which, in his judgement, is best calculated to produce the most beneficial results for the community--the man of wealth thus becoming the mere trustee and agent for his poorer brethren, bringing to their service his superior wisdom, experience, and ability to administer, doing for them better than they would or could do for themselves.
Trust funds can never be a substitute for a fund of trust.
In the depth of the near depression that he faced when he came in Barack Obama and Democratic leaders in Congress provided 'recovery funds' that literally kept our classrooms open. Two years ago these funds saved nearly 20 000 teacher and education jobs - just here in North Carolina.
When I read about the way in which library funds are being cut and cut I can only think that American society has found one more way to destroy itself.
And I think the more money you put in people's hands the more they will spend. And if they don't spend it they invest it. And investing it is another way of creating jobs. It puts money into mutual funds or other kinds of banks that can go out and make loans and we need to do that.
To make the most of your money I recommend sticking with mutual funds that don't charge a commission when you buy or sell.
You can't have bank holding companies acting as hedge funds. You can't have them taking a million-dollar pension plan for Joe Schmo the bus driver and treat it with the same risk appetite that you treat George Soros' pocket money. It's fundamentally ridiculous.
If the money we donate helps one child or can ease the pain of one parent those funds are well spent.
That's why I wanted to be part of this AIDS Project Los Angeles party. We help raise funds for those who are having a tough time with some very basic necessities like shelter food and medical care.
I can help a lot of other people who've gone through the same thing by building a center that will help men and women who don't have the funds to take care of themselves and get the medical treatment.
In a country with an overabundance of food no one should go hungry because of a lack of funds or technical and professional knowledge. We have the food and we have the networks we now need to support the providers.
Increased revenues meaning higher taxes will be a central element of any successful long-term budget plan and President Obama is right to insist that the wealthy - the slice of America that has come through the recession in by far the best financial health - should provide those funds.
The highest-income Americans don't need tax-free health insurance mortgage interest deductions or deferred taxation on retirement funds.
The only truly individualistic health-care choice - where you receive care that is unpolluted by anyone else's funds - is to forgo insurance altogether paying out-of-pocket for health services as you need them.
I have no problems with private schools. I graduated from one and so did my mother. Private schools are useful and we often use public funds to pay for their infrastructures and other common needs.
Let us more and more insist on raising funds of love of kindness of understanding of peace. Money will come if we seek first the Kingdom of God - the rest will be given.
I've found that when the market's going down and you buy funds wisely at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'
I delivered lectures and I was also a consultant for international companies in finance both private equity and big venture capital funds.
The studios don't finance anymore they get outside funds.
The only way that we can reduce our financial dependence on the inflow of funds from the rest of the world is to reduce our trade deficit.
Democracy and socialism have nothing in common but one word, equality. But notice the difference: while democracy seeks equality in liberty, socialism seeks equality in restraint and servitude.
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