Investors tend to discover 'hot' mutual fund managers just…

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

— Barry Ritholtz

Hedge fund managers charge so much more than mutual fund managers; alpha is even harder to come by. They end up selling a variety…

— Barry Ritholtz

Mutual fund managers are trapped in this rather deadly vicious circle: the more successful they are, the more money flows into their mutual fund.…

— Ron Chernow

The fund scandals shined the spotlight on the fact that mutual fund managers were putting their interests ahead of the fund shareholders who trusted…

— John C. Bogle

I have become increasingly convinced that the past records of mutual fund managers are essentially worthless in predicting future success. The few examples of…

— Burton Malkiel

Among my greatest disappointments about the mutual fund industry - in addition to excessive costs and excessive focus on the short-term - is that…

— John C. Bogle

Rather than engage in the sort of selective retention that so many investors tend to do and pretend mistakes never happened, I prefer to…

— Barry Ritholtz

The ability to select stocks, manage them over time and know when to sell them is incredibly difficult, even for professional fund managers.

— Barry Ritholtz

Many hedge fund managers have become billionaires; perhaps this - plus their reputations as the smartest guys in the room - is why they…

— Barry Ritholtz

The overwhelming majority of people are comfortable with consensus, but successful investors tend to have a contrarian bent,

— Seth Klarman

Successful investors tend to be unemotional, allowing the greed and fear of others to play into their hands. By having confidence in their own…

— Seth Klarman

Investors tend to avoid food companies.

— Shervin Pishevar

But successful investors tend to be not too self-destructive. They tend to be patient, they tend not to follow the crowd, and they tend…

— Andrew Tobias

Sure, investors do tend to overreact, but they are investing real money based on doubtful information. Complacency or a wrong move sees their money…

— Sucheta Dalal

I enjoy the reaction I get in the U.S.A. when people discover I have an English accent. They don't expect that, and it's kind…

— Marsha Thomason