--- title: "1 Fund Industry Quotes By David F. Swensen" description: "1 Fund Industry quotes by David F. Swensen. Plus more from David F. Swensen and more Fund Industry sayings from other authors." image: "https://sms4smile.com/quotes/i/fbf/david-f-swensen-23191_colossal_invest-in-low-turnover-passively-managed_1627483.jpg" --- > [Invest in low-turnover, passively managed index funds... and stay away from profit-driven investment management organizations... The mutual fund industry is a colossal failure... resulting from its systematic exploitation of individual investors... as funds extract enormous sums from investors in exchange…](https://sms4smile.com/quotes/david-f-swensen/invest-in-low-turnover-passively-managed-index-funds-and-stay-away/) [David F. Swensen](https://sms4smile.com/quotes/author/david-f-swensen/) [Image](https://sms4smile.com/quotes/i/fbf/david-f-swensen-23191_colossal_invest-in-low-turnover-passively-managed_1627483.jpg) ## Other authors on Fund Industry ## More by David F. Swensen > [My first encounter with yoga was in 1969 with my older brother Doug. I was thirteen years old, and he was eighteen. He'd learned…](https://sms4smile.com/quotes/david-f-swensen/my-first-encounter-with-yoga-was-in-1969-with-my-older-brother-doug-i/) [David F. Swensen](https://sms4smile.com/quotes/author/david-f-swensen/) > [My attitude about teaching has always been the same. From early on, I wanted to make yoga accessible so that anyone, regardless of ability,…](https://sms4smile.com/quotes/david-f-swensen/my-attitude-about-teaching-has-always-been-the-same-from-early-on-i/) [David F. Swensen](https://sms4smile.com/quotes/author/david-f-swensen/) > [I think regular Iowans are cynical of this whole idea of corporate welfare, with the biggest awards going to the most profitable companies. It…](https://sms4smile.com/quotes/david-f-swensen/i-think-regular-iowans-are-cynical-of-this-whole-idea-of-corporate/) [David F. Swensen](https://sms4smile.com/quotes/author/david-f-swensen/) > [Don't let what other people say disturb your mind. Be happy.](https://sms4smile.com/quotes/david-f-swensen/don-t-let-what-other-people-say-disturb-your-mind-be-happy/) [David F. Swensen](https://sms4smile.com/quotes/author/david-f-swensen/) > [I encourage students to check out different styles of yoga and different teachers even within one system. Seek the teacher that inspires you, and…](https://sms4smile.com/quotes/david-f-swensen/i-encourage-students-to-check-out-different-styles-of-yoga-and/) [David F. Swensen](https://sms4smile.com/quotes/author/david-f-swensen/) > [I believe that the greatest teachers create thinking students.](https://sms4smile.com/quotes/david-f-swensen/i-believe-that-the-greatest-teachers-create-thinking-students/) [David F. Swensen](https://sms4smile.com/quotes/author/david-f-swensen/) > [Unless an investor has access to “incredibly high-qualified professionals,” they “should be 100 percent passive - that includes almost all individual investors and most…](https://sms4smile.com/quotes/david-f-swensen/unless-an-investor-has-access-to-incredibly-high-qualified/) [David F. Swensen](https://sms4smile.com/quotes/author/david-f-swensen/) > [The real riches of yoga cannot be seen; they are felt and experienced from the inside out.](https://sms4smile.com/quotes/david-f-swensen/the-real-riches-of-yoga-cannot-be-seen-they-are-felt-and-experienced/) [David F. Swensen](https://sms4smile.com/quotes/author/david-f-swensen/) > [I've always viewed high-frequency trading as a tax on the rest of us.](https://sms4smile.com/quotes/david-f-swensen/i-ve-always-viewed-high-frequency-trading-as-a-tax-on-the-rest-of-us/) [David F. Swensen](https://sms4smile.com/quotes/author/david-f-swensen/) > [Jack Bogle's passionate cry of Enough! contains a thought-provoking litany of life lessons regarding our individual roles in commerce and society. Employing a seamless…](https://sms4smile.com/quotes/david-f-swensen/jack-bogle-s-passionate-cry-of-enough-contains-a-thought-provoking/) [David F. Swensen](https://sms4smile.com/quotes/author/david-f-swensen/) > [Invest in low-turnover, passively managed index funds... and stay away from profit-driven investment management organizations... The mutual fund industry is a colossal failure... resulting…](https://sms4smile.com/quotes/david-f-swensen/invest-in-low-turnover-passively-managed-index-funds-and-stay-away/) [David F. Swensen](https://sms4smile.com/quotes/author/david-f-swensen/) > [A yogi is one who leaves a place a little nicer than when they arrived.](https://sms4smile.com/quotes/david-f-swensen/a-yogi-is-one-who-leaves-a-place-a-little-nicer-than-when-they-arrived/) [David F. Swensen](https://sms4smile.com/quotes/author/david-f-swensen/) > [I've worked many jobs throughout my life, which has ultimately enhanced my appreciation for the opportunity to teach yoga and share something so positive.](https://sms4smile.com/quotes/david-f-swensen/i-ve-worked-many-jobs-throughout-my-life-which-has-ultimately/) [David F. Swensen](https://sms4smile.com/quotes/author/david-f-swensen/) > [The simple index fund solution has been adopted as a cornerstone of investment strategy for many of the nation's pension plans operated by our…](https://sms4smile.com/quotes/david-f-swensen/the-simple-index-fund-solution-has-been-adopted-as-a-cornerstone-of/) [David F. Swensen](https://sms4smile.com/quotes/author/david-f-swensen/) > [Active management strategies demand uninstitutional behavior from institutions, creating a paradox that few can unravel. Establishing and maintaining an unconventional investment profile requires acceptance…](https://sms4smile.com/quotes/david-f-swensen/active-management-strategies-demand-uninstitutional-behavior-from/) [David F. 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