Mutual Fund Quotes - Page 3

• I talk to hundreds of companies a year and spend hour after hour in heady pow-wows with CEOs, financial analysts and my colleagues in the mutual-fund business, but I stumble onto the big winners in extracurricular situations, the same way you do.

  Peter Lynch

  Years, After Hours, Investing

  Peter Lynch (2012). “One Up On Wall Street: How To Use What You Already Know To Make Money In”, p.36, Simon and Schuster

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• The mutual fund industry provided the money for Intel and Motorola and Hewlett-Packard to crush the competitors.

  Jim Cramer

  Crush, Competitors, Industry

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• If mutual fund directors are independent, then I'm the lead character in the Bolshoi Ballet.

  Charlie Munger

  Character, Independent, Ballet

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• Women tend to have a better track record in investing - when they invest - than men do, because they tend to take a longer-term perspective. They tend to trade less. They tend to shift in and out of stocks or mutual funds less often.

  Sallie Krawcheck

  Men, Track, Perspective

  "Sallie Krawcheck of Ellevest and the Gender Investing Gap". Interview with Denver Frederick, www.denver-frederick.com. August 18, 2016.

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• Ex-Fidelity mutual fund manager Peter Lynch was certainly brilliant in one respect: he knew to get out when the gettin was good.

  Bill Gross

  Brilliant, Fidelity, Peter

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• We need a federal government commission to study the way our financial services system is working - I believe it is working badly - and we also need more educated investors. There are good long term low-priced mutual funds - my favorite is a total stock market index fund - and bad short term highly priced mutual funds. If investors would get themselves educated, and invest in the former - taking their money out of the latter - we would see some automatic improvements in the system, and see them fairly quickly.

  John C. Bogle

  Believe, Long, Study

  Source: www.washingtonpost.com

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• I believe Washington should be a more active participant focusing on the issue of why corporate shareholders and mutual fund shareholders are not given fair treatment by corporate management and mutual fund management. We need to develop a national standard of fiduciary duty to ensure that these agents, if you will, are adequately representing the principles - pension beneficiaries and mutual fund shareholders - whom they are duty bound to serve.

  John C. Bogle

  Believe, Management, Duty

  Source: www.washingtonpost.com

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• Our capitalistic scheme in the latter years of the 20th century seems to have lost its way. We've had a "pathalogical change" from traditional owners capitalism where most of the rewards have gone to those who make the investments and assume the risks to a new and deeply flawed system of managers capitalism where the managers of our corporations our investment system, and our mutual funds are simply take too large a share of the returns generated by our corporations and mutual funds leaving the last line investors - pension beneficiaries and mutual fund owners at the bottom of the food chain.

  John C. Bogle

  Leaving, Risk, Assuming

  Source: www.washingtonpost.com

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• Without getting into brothels, there are ethical capitalists the problem is that there aren't enough of them. It is not "just a few bad apples" that have been evident in our corporations, our investment bankers and our mutual funds, but so many that one has to concede that the barrel itself needs some work.

  John C. Bogle

  Problem, Investment, Ethical

  Source: www.washingtonpost.com

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• 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

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• Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and mutual funds altogether.

  Peter Lynch

  Investing, Panic, Making Money

  Peter Lynch (2012). “Beating the Street”, p.306, Simon and Schuster

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• Millions of mutual-fund investors sleep well at night, serene in the belief that superior outcomes result from pooling funds with like-minded investors and engaging high-quality investment managers to provide professional insight. The conventional wisdom ends up hopelessly unwise, as evidence shows an overwhelming rate of failure by mutual funds to deliver on promises.

  David F. Swensen

  Sleep, Night, Promise

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• At first, the only thing that I learned was to save. Then I learned about mutual fund, then later on direct stock investments. I also went into small businesses and even real estate.

  Bo Sanchez

  Real, Firsts, Investment

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• The general systems of money management today require people to pretend to do something they can't do and like something they don't. It's a funny business because on a net basis, the whole investment management business together gives no value added to all buyers combined. That's the way it has to work. Mutual funds charge two percent per year and then brokers switch people between funds, costing another three to four percentage points. The poor guy in the general public is getting a terrible product from the professionals.

  John C. Bogle

  Years, Two, People

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• I do not own a single security anywhere that doesn't pay a dividend, and I formed a mutual-fund company with that very simple philosophy.

  Kevin O'Leary

  Philosophy, Simple, Pay

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• True love is unconditional. And if it is a 'Conditions Apply' scenari, then it isn't true love. It is as good as a mutual fund.

  Ravinder Singh

  Love Is, Unconditional, Conditions

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• Yes, the investor is often his own worst enemy. Yes, the marketing colossus known as the mutual fund industry provides the weaponry which enables investors to indulge their suicidal instincts. No, the fund industry was hardly an innocent bystander in the market boom and the subsequent carnage. "We have met the enemy and he is us"... all of us.

  John C. Bogle

  Suicidal, Bystanders, Worst Enemy

  "The Stock Market Universe: Stars, Comets, and the Sun". Speech to Financial Analysts of Philadelphia, www.vanguard.com. February 15, 2001.

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• Full service brokers, in this day and age of low cost mutual funds and discount brokers, are really nothing more than machines for ripping off retail investors.

  Joel Spolsky

  Age, Retail, Cost

  "Wall Street Survival 101". www.joelonsoftware.com. May 20, 2005.

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• You don't date an annuity, you marry it. An annuity isn't a mutual fund that you buy today and sell tomorrow. Nor is it a certificate of deposit, ready for any new use at maturity. When you buy an annuity, you are making (or ought to be making) a 15- or 20-year commitment, at least.

  Jane Bryant Quinn

  Money, Commitment, Maturity

  Jane Bryant Quinn (2009). “Making the Most of Your Money Now: The Classic Bestseller Completely Revised for the New Economy”, p.1073, Simon and Schuster

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• There are tons of people who are late to trends by nature and adopt a trend after it's no longer in fashion. They exist in mutual funds. They exist in clothes. They exist in cars. They exist in lifestyles.

  Jim Cramer

  Fashion, Clothes, People

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• 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

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• The average person can’t really trust anybody. They can’t trust a broker, because the broker is interested in churning commissions. They can’t trust a mutual fund, because the mutual fund is interested in gathering a lot of assets and keeping them. And now it’s even worse because even the most sophisticated people have no idea what’s going on.

  Seth Klarman

  Average, Ideas, People

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• We need a mutual fund industry with both vision and values; a vision of fiduciary duty and shareholder service, and values rooted in the proven principles of long-term investing and of trusteeship that demands integrity in serving our clients.

  John C. Bogle

  Integrity, Long, Vision

  John C. Bogle (2010). “Enough: True Measures of Money, Business, and Life”, p.156, John Wiley & Sons

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• I think you'll do as well as most professionals. Most professionals don't beat the market. Let's not over-rate my industry. But if you have time, you can be in good mutual funds that have good records.

  Jim Cramer

  Thinking, Records, Economy

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• Many novice real estate investors soon quit the profession and invest in a well-diversified portfolio of bonds. That's because, when you invest in real estate, you often see a side of humanity that stocks, bonds, mutual funds, and saving money shelter you from.

  Robert Kiyosaki

  Real, Humanity, Novices

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