Fund Quotes - Page 27

• Resolve to make at least one person happy every day, and then in ten years you may have made three thousand, six hundred and fifty persons happy, or brightened a small town by your contribution to the fund of general enjoyment.

  Sydney Smith

  New Year, Years, Three

  8 Copy quote

• To do what we are doing in this budget to our children, cutting their health care funds, decreasing opportunity, simply so we can pay for tax cuts and a war in Iraq is beyond belief, and we need to reverse it

  Tom Allen

  Children, War, Cutting

  4 Copy quote

• The annual labour of every nation is the fund which originally supplies it with all the necessaries and conveniencies of life which it annually consumes, and which consist always either in the immediate produce of that labour, or in what is purchased with that produce from other nations.

  Adam Smith

  Origin Of Life, Produce, Wealth Of Nations

  Adam Smith (1827). “An Inquiry Into the Nature and Causes of the Wealth of Nations”, p.1

  10 Copy quote

  Show source

• We need to fund No Child Left Behind. We need to start at the beginning and we are not doing the job here in the United States of America.

  Tim Ryan

  Jobs, Children, America

  5 Copy quote

• I know that New York City remains the highest density urban area in the country and by far dedicates more of its own funds to fighting terrorism than any other municipality.

  Jose Serrano

  Country, New York, Fighting

  6 Copy quote

• All the bullets and all the bombs that explode all over the world won't leave the impact, when all is said and done, of a dollar bill dropped in the Jimmy Fund pot by a warm heart and a willing hand. You should be proud and happy to know that your contribution will someday help some kid to a better life.

  Ted Williams

  Heart, Kids, Impact

  29 Copy quote

• Maybe you'll take the cash out. So a credit card company or a bank that goes into the business of saying we're going to be the broker, we're going to sell you a mortgage that you're going to be able to pay off, we're going to help you reduce your credit card debt, we're going to help you save for retirement, we're going to put you into mutual funds that have low fees rather than high fees.

  Richard Thaler

  Retirement, Credit, Debt

  Source: bigthink.com

  6 Copy quote

  Show source

• I think a lot of funds get their ideas from Wall Street. I just like to find my own ideas. I read a lot. A lot of news. I just follow my nose. A lot of times it's a dead end, but sometimes there's value there.

  Michael Burry

  Wall, Thinking, Ideas

  29 Copy quote

• When you look at the results on an after-fee, after-tax basis over reasonably long periods of time, there's almost no chance that you end up beating the index fund.

  David F. Swensen

  Long, Looks, Investing

  17 Copy quote

• Rip Van Winkle would be the ideal stock market investor: Rip could invest in the market before his nap and when he woke up 20 years later, he'd be happy. He would have been asleep through all the ups and downs in between. But few investors resemble Mr. Van Winkle. The more often an investor counts his money - or looks at the value of his mutual funds in the newspaper - the lower his risk tolerance.

  Richard Thaler

  Rip, Naps, Years

  31 Copy quote

• It's 1450 out of 1500 ETF funds that I just wouldn't touch because they're not diversified enough. Or they have some huge speculative twist to them that if you can guess the markets right you will do very well for a day or two but who can do that? Nobody.

  John C. Bogle

  Two, Twists, Investing

  9 Copy quote

• We can extrapolate from the study that for the long term individual investor who maintains a consistent asset allocation and leans toward index funds, asset allocation determines about 100% of performance.

  Roger G. Ibbotson

  Long, Investing, Study

  5 Copy quote

• A decade ago, I really did believe that the average investor could do it himself. I was wrong. I've come to the sad conclusion that only a tiny minority, at most one percent, are capable of pulling it off. Heck, if Helen Young Hayes, Robert Sanborn, Julian Robertson, and the nation's largest pension funds can't get it right, what chance does John Q. Investor have?

  William J. Bernstein

  Believe, Average, Doe

  9 Copy quote

• There is no reason to feel any shame in hiring someone to pick stocks or mutual funds for you. But there's one responsibility that you must never delegate. You, and no one but you, must investigate whether an adviser is trustworthy and charges reasonable fees.

  Benjamin Graham

  Responsibility, Investing, Shame

  8 Copy quote

• The idea that a bell rings to signal when investors should get into or out of the stock market is simply not credible. After nearly fifty years in this business, I do not know of anybody who has done it successfully and consistently. I don't even know anybody who knows anybody who has done it successfully and consistently. Yet market timing appears to be increasingly embraced by mutual fund investors and the professional managers of fund portfolios alike.

  John C. Bogle

  Years, Ideas, Investing

  John C. Bogle (2010). “Common Sense on Mutual Funds”, p.28, John Wiley & Sons

  15 Copy quote

  Show source

• Fund consultants like to require style boxes such as "long-short," "macro," "international equities." At Berkshire our only style box is "smart."

  Warren Buffett

  Smart, Long, Style

  "Warren Buffett On Todd Combs, Berkshire's New Hedge Fund Superstar" by Joe Weisenthal, www.businessinsider.com. February 26, 2011.

  4 Copy quote

  Show source

• We attracted a lot of market timers and asset allocators. I don't need those ... amateurs in my fund.

  Martin J. Whitman

  Needs, Investing, Assets

  6 Copy quote

• I remember my sense of shock some half-dozen years ago when I read a recommendation to sell shares of a company ... The recommendation was not based on any long-term fundamentals. Rather, it was that over the next six months the funds could be employed more profitably elsewhere.

  Philip Arthur Fisher

  Years, Long, Six

  15 Copy quote

• Fellows of colleges in the universities are in one sense the recipients of alms, because they receive funds which originally were of an eleemosynary character.

  Samuel Taylor Coleridge

  Character, College, Alms

  4 Copy quote

• The Indians didn't help me in dealing with the media. I think they wanted to keep my market value down. I'm moody. I know that. I've made some mistakes, but if I was a bad person, would someone want to pay me $55 million, would I have a scholarship fund my mother runs that pays for kids to go to school?

  Albert Belle

  Mother, Running, Mistake

  5 Copy quote

• Before the 1970s, banks were banks. They did what banks were supposed to do in a state capitalist economy: they took unused funds from your bank account, for example, and transferred them to some potentially useful purpose like helping a family buy a home or send a kid to college.

  Noam Chomsky

  Home, Kids, College

  "Plutonomy and the Precariat" by Noam Chomsky, www.thenation.com. May 8, 2012.

  9 Copy quote

  Show source

• We must pursue the removal of church property by any means necessary in order to secure for ourselves a fund of several hundred million gold rubles.

  Vladimir Lenin

  Mean, Order, Church

  Letter to Comrade Molotov for the Politburo, March 19, 1922.

  11 Copy quote

  Show source

• Bulls make money and bears make money, but pigs seldom do. When a stock or mutual fund is up 30%, sell one-quarter of your position.

  Nancy Dunnan

  Pigs, Bulls, Bears

  4 Copy quote

• The success of the stock connect program and the increased market volatility means investors are looking for more products to access China markets performance than exchange traded funds, and futures are feeding that rising demand.

  Andrew Sullivan

  Success, Mean, Rising

  4 Copy quote

• Israel is in the midst of a difficult military and diplomatic campaign against terrorists. An organisation that works to prove allegations that Israel is committing war crimes should be so good as to do so with its own resources and not with civilian national service volunteers and state funds.

  Uri Orbach

  Military, War, Israel

  "Israel bans national service with rights group B'Tselem in Gaza row" by Orlando Crowcroft, www.theguardian.com. August 15, 2014.

  5 Copy quote

  Show source