"The number-one job of the hedge-fund manager is not to make sure that you can retire with a smile on your face - it's for him to retire with a smile on his face"
- Mark Cuban
About this Quote
This quote by Mark Cuban is a suggestion that the main objective of a hedge fund supervisor is to generate income for themselves, not always for their customers. It is important to remember that the manager's task is to optimize their own revenues, not always to make sure that their clients will have the ability to retire easily. This is not to say that the supervisor is not concerned with their customers' financial wellness, however rather that their main focus is on their own financial success. This quote functions as a tip that when investing with a hedge fund supervisor, it is very important to understand their motivations and to be familiar with the prospective threats involved.
This quote is written / told by Mark Cuban somewhere between July 31, 1958 and today. He/she was a famous Businessman from USA.
The author also have 23 other quotes.
"Beauty comes from a life well lived. If you've lived well, your smile lines are in the right places, and your frown lines aren't too bad, what more do you need?"
"It scares you: all the noise, the rattling, the shaking. But the look on everybody's face when you're finished and packing, it's the best smile in the world; and there's nobody hurt, and the well's under control"
"Not by appointment do we meet delight Or joy; they heed not our expectancy; But round some corner of the streets of life they of a sudden greet us with a smile"
"I figured out, I guess, that the job just makes me happy if it's not number one. So if it all works, great. If it doesn't, I still go home, look at my kids, and I have a big smile on my face"
