Financial Quote du Jour

From a chat today with a hedge fund guy:

Market impact ate my alpha.

Like me, most of my readers will have heard variants of this one before, but for everyone else it’s such an evocative and lovely phrase — like out of some filmic cross between Wall Street and  Godzilla — that I had to repeat it here.

Related posts:

  1. Financial Media Quote du Jour
  2. Quote du Jour: The Joys of Home Bulldozer Ownership
  3. Quote du Jour
  4. VC Quote du Jour
  5. VC Quote du Jour


  1. Not exactly in the same realm, but my favorite has always been:
    “My dogma ate my karma.”

  2. Richard Leighton Dixon says:

    I think I first heard this in 1986…