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Quote by Eminem

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Eminem
Eminem

Eminem, born Marshall Bruce Mathers III, is an American rapper, songwriter, and music producer. Born on October 17, 1972, he is renowned for his unique rap style and profound lyrical content. Eminem rose to prominence in the late 1990s and quickly became one of the leading figures in the rap music industry. more

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“Listing rights generally involves enumerating things you may do without interference (the right to free speech) or may not be done to you without your permission (illegal search and seizure, loud boy-band music in public places). They are protections, not gifts of material goods. Material goods and services must be taken from others, or provided by their labor, so if you believe you have an absolute right to them, and others don't choose to provide it to you, you then have a 'right' to steal from them. But what about their far more fundamental right not to be robbed?”

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“Hedge funds are investment pools that are relatively unconstrained in what they do. They are relatively unregulated (for now), charge very high fees, will not necessarily give you your money back when you want it, and will generally not tell you what they do. They are supposed to make money all the time, and when they fail at this, their investors redeem and go to someone else who has recently been making money. Every three or four years they deliver a one-in-a-hundred year flood. They are generally run for rich people in Geneva, Switzerland, by rich people in Greenwich, Connecticut.”

PeopleWantGivingYearsRunningThreeRichFourFailingHundredInvestmentMaking MoneyFundInvestorsPoolFour YearsFloodRich PeopleBack WhenFeesSwitzerlandGenevaConnecticutHedge FundGreenwich
Author:Cliff Asness
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