Average Quote by Bethany McLean

... skepticism about past returns is crucial. The truth is, much as you may wish you could know which funds will be hot, you…

— Bethany McLean

“The process of intelligently building a portfolio consists of buying the best investments, making room for them by selling lesser ones, and staying clear…

— Howard Marks

Nothing highlights better the continuing gap between rhetoric and substance in British financial services than the failure of providers here to emulate Jack Bogle's…

— Jonathan Davis

Experience conclusively shows that index-fund buyers are likely to obtain results exceeding those of the typical fund manager, whose large advisory fees and substantial…

— Burton Malkiel

Still, I figure we shouldn't' discourage fans of actively managed funds. With all their buying and selling, active investors ensure the market is reasonably…

— Paul Samuelson

An index fund is a fund that simply invests in all of the stocks in a market. So, for example, an index fund might…

— William J. Bernstein

I'd say the general outline of a sound investment approach is, first of all, you have to decide are you going to try to…

— Whitney Tilson

By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals.

— Warren Buffett

While it is probably a poor idea to own actively managed funds in general, it is truly a terrible idea to own them in…

— William J. Bernstein

The long-term focus of index funds is a much needed counterweight to the short-termism favored by so many market participants.

— John C. Bogle

We can extrapolate from the study that for the long term individual investor who maintains a consistent asset allocation and leans toward index funds,…

— Roger G. Ibbotson

In investing, you get what you don't pay for. Costs matter. So intelligent investors will use low-cost index funds to build a diversified portfolio…

— John C. Bogle