Achieve Quote by Burton Malkiel

After costs, only the top 3% of managers produce a return that indicates they have sufficient skill to just cover their costs, which means…

— Eugene Fama

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

Index investing outperforms active management year after year.

— Jim Rogers

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

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…

— David F. Swensen

If we observe the performance of only those funds that remain active, we will tend to find that the average performance of the surviving…

— Robert Haugen

The key aspect of an index fund is that many of them, not all of them, but many of them are extremely cheap.

— William J. Bernstein

The objective of the customer is not being met if the fund managers are diversifying their assets into hundreds of businesses. If they do…

— Michael Lee-Chin

Indexing is a successful approach to investing not because it's simple, but because it has performed so much better than the average active manager…

— Patrick Geddes

Even fans of actively managed funds often concede that most other investors would be better off in index funds. But buoyed by abundant self-confidence,…

— Paul Samuelson

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

... 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