Mutual Fund Quotes

#1. If you don't like the idea that most of the money spent on lottery tickets supports government programs, you should know that most of the earnings from mutual funds support investment advisors' and mutual fund managers' retirement.

Robert Kiyosaki

#2. Many financial advisors recommend that you diversify for your own protection. What they fail to tell you is that it is also for their protection. Since most financial advisors cannot tell you exactly which stock or mutual fund is a great investment, they tell you to buy a bunch of them.

Robert Kiyosaki

#3. The mutual fund industry has been built, in a sense, on witchcraft.

John C. Bogle

#4. 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

#5. 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

#6. Mutual fund managers want your money in their funds. They get paid based on assets under management.

Barry Ritholtz

#7. Mutual fund manager performance does not persist and the return of stock picking is zero.

William J. Bernstein

#8. Investors tend to discover 'hot' mutual fund managers just after a successful run and just before the inescapable force of mean reversion is about to kick in.

Barry Ritholtz

#9. 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

#10. 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

#11. I thought a company that provides mutual-fund information could be a great business, because you could construct an effective moat by building large financial databases and customer lists and a strong brand name.

Joe Mansueto

#12. Surprise! The returns reported by mutual funds aren't actually earned by mutual fund investors.

John C. Bogle

#13. Today, you have the option to invest through a discount brokerage account, a mutual fund account, a full-service brokerage account, or even a bank account.

Alex H. Frey

#14. I've not found ! one single mutual fund, one single real estate investment, any gold, silver or anything else that has given me higher returns than: me investing in myself.

Patrick Bet-David

#15. There may be less of a chance of losing all the money you put into a mutual fund than there is of losing all the money you put into lottery tickets, but you're never going to win big in a mutual fund.

Robert Kiyosaki

#16. There are a lot worse things you can do with all your bucks than giving them to even a mediocre mutual fund - such as, for example, giving them to a mediocre hedge fund. If supporting the lifestyle of a mediocre fund manager is your favorite charity, who am I to stop you?

Gary Weiss

#17. A mutual fund can do for you what you would do for yourself if you had sufficient time, training, and money to diversify, plus the temperament to stand back from your money and make rational decisions.

Venita VanCaspel

#18. The average plan administrator charges 1.3% to 1.5% annually (according to the nonpartisan Government Accountability Office). That's $1,300 for every $100,000 just to participate in the 401(k). So when you add this 1.3% for the plan administration to the total mutual fund costs of 3.17%, it

Anthony Robbins

#19. In return for the service and to cover the annual cost for fund management and other expenses, the mutual fund levies fund management charges (FMC). The FMC levied varies across schemes from around 0.75% to 2.50% (the

Vinod Pottayil

#20. Hedge fund managers charge so much more than mutual fund managers; alpha is even harder to come by. They end up selling a variety of things beyond mere outperformance.

Barry Ritholtz

#21. 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

#22. It's the company itself, but most of these mutual fund companies, the guy who runs the company is just a fact totem and the guy who runs the money is the power. But we really don't know who they are.

Jim Cramer

#23. The ability to create same day straight through processing of mutual fund trades is a matter of will.

Kenneth C. Griffin

#24. The mutual fund industry and small investors are very relentless and very unforgiving if people don't perform.

Ron Chernow

#25. For investors who do want to speculate in high-yield bonds, one alternative may be a junk bond mutual fund, which can offer investors the relative safety of diversification.

Alex Berenson

#26. I have become increasingly convinced that the past records of mutual fund managers are essentially worthless in predicting future success. The few examples of consistently superior performance occur no more frequently than can be expected by chance.

Burton Malkiel

#27. The average mutual fund holding period for equity or fixed income is only about three years. It's too short.

Kenneth Fisher

#28. Unbeknownst to most American investors, significant portions of their public pension, mutual fund, life insurance and private portfolios are comprised of stocks of privately held companies that partner with state sponsors of terror.

Frank Gaffney

#29. 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

#30. 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

#31. The principal role of the mutual fund is to serve its investors.

John C. Bogle

#32. I don't think that a mutual fund that invests exclusively in biotech start-ups or invests exclusively in companies in Thailand offers any great safety or diversification.

Ron Chernow

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

Jim Cramer

#34. As mutual fund returns vary widely, e.g. as of October 31, 2014, the 5-year annualized return has varied between -6.94% and 26.42% with average return of 13.62%. A right advisor can definitely provide value addition in fund selection and achieving your goals.

Jigar Patel

#35. 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

#36. Most of the mutual fund investments I have are index funds, approximately 75%.

Charles R. Schwab

#37. Mutual fund managers are trapped in this rather deadly vicious circle: the more successful they are, the more money flows into their mutual fund. Then, it is more difficult for them to beat the market averages or even to match their own past performance.

Ron Chernow

#38. There's accountability in the mutual fund industry. And they've been tremendous engines of wealth for people and they're going to continue to be so.

Jim Cramer

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

Charlie Munger

#40. Do not ridicule my effort. Everybody likes a comedian's company. That's why they give them tips after watching the
show, not their hard earned money for a mutual fund investment. Give him tips, not your heart. I guess you
understand the difference.

Ravindra Shukla

#41. Brokerage firms don't sell customers stock so much as they sell those horrible mutual funds

Michael Steinhardt

#42. Affected hundreds of thousands of ordinary Canadians who have invested in mutual funds that invest in income trusts.

Ralph Goodale

#43. Mutual funds are an overrated investment heavily promoted by Wall Street.

Peter Schiff

#44. Most active mutual funds are more interested in collecting fees than in boosting returns for investors.

David F. Swensen