Accountability Quote by Jim Cramer

What I find very interesting about the mutual funds managers is that here are people who are the new masters of the universe. They're…

— Ron Chernow

Mutual funds charge 2% per year and then brokers switch people between funds, costing another 3-4 percentage points. The poor guy in the general…

— Charlie Munger

The general systems of money management today require people to pretend to do something they can't do and like something they don't. It's a…

— John C. Bogle

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

— Ron Chernow

Mutual funds give people the sense that they're investing with the big boys and that they're really not at a disadvantage entering the stock…

— Ron Chernow

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

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…

— Jim Cramer

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

I believe that the mutual fund industry's biggest shortcoming is too much focus on the momentary price of a stock - an illusion -…

— John C. Bogle

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

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

We need a mutual fund industry with both vision and values; a vision of fiduciary duty and shareholder service, and values rooted in the…

— John C. Bogle