--- title: "Meaning & Key Takeaway of: The mutual fund industry provided the…" description: "\"The mutual fund industry provided the money for Intel and Motorola and Hewlett-Packard to crush the competitors.\" — Jim Cramer" image: "https://sms4smile.com/quotes/i/c54/jim-cramer-12495_competitors_the-mutual-fund-industry-provided-the-mo_134566.jpg" --- # The mutual fund industry provided the money for Intel and… ![“The mutual fund industry provided the money for Intel and Motorola and Hewlett-Packard to crush the competitors.” quote by Jim Cramer](https://sms4smile.com/quotes/i/c54/jim-cramer-12495_competitors_the-mutual-fund-industry-provided-the-mo_134566.jpg) [Download](https://sms4smile.com/quotes/i/c54/jim-cramer-12495_competitors_the-mutual-fund-industry-provided-the-mo_134566.jpg) [Open image](https://sms4smile.com/quotes/i/c54/jim-cramer-12495_competitors_the-mutual-fund-industry-provided-the-mo_134566.jpg) > “The mutual fund industry provided the money for Intel and Motorola and Hewlett-Packard to crush the competitors.” [Jim Cramer](https://sms4smile.com/quotes/author/jim-cramer/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Mutual funds channeled capital to major tech firms, enabling them to dominate rivals. **In simple terms:** Investment pools funded big tech, giving them market power. Key Takeaway Leverage collective investment for strategic growth. Themes finance technology competition Mood analytical cautious Type economic strategic When to use this quote - startup funding - corporate expansion - industry analysis Key Concepts mutual funds venture capital market dominance Questions to Reflect On - What risks arise when few firms control an industry? - How can smaller players compete? A Different Perspective Reliance on large funds can reduce market diversity. ★ ★ ★ ★ ★ No ratings yet [Crush](https://sms4smile.com/quotes/about/crush/) [Customer](https://sms4smile.com/quotes/about/customer/) [Industry](https://sms4smile.com/quotes/about/industry/) [Money](https://sms4smile.com/quotes/about/money/) [Mutual fund](https://sms4smile.com/quotes/about/mutual-fund/) ## Related quotes > [There's accountability in the mutual fund industry. And they've been tremendous engines of wealth for people and they're going to continue to be so.](https://sms4smile.com/quotes/jim-cramer/there-s-accountability-in-the-mutual-fund-industry-and-they-ve-been/) [Jim Cramer](https://sms4smile.com/quotes/author/jim-cramer/) > [I believe that the mutual fund industry's biggest shortcoming is too much focus on the momentary price of a stock - an illusion -…](https://sms4smile.com/quotes/john-c-bogle/i-believe-that-the-mutual-fund-industry-s-biggest-shortcoming-is-too/) [John C. Bogle](https://sms4smile.com/quotes/author/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…](https://sms4smile.com/quotes/john-c-bogle/among-my-greatest-disappointments-about-the-mutual-fund-industry-in/) [John C. Bogle](https://sms4smile.com/quotes/author/john-c-bogle/) > [The culture of the mutual fund industry, when I came into it in 1951, was pretty much a culture of fiduciary duty and investment,…](https://sms4smile.com/quotes/john-c-bogle/the-culture-of-the-mutual-fund-industry-when-i-came-into-it-in-1951/) [John C. Bogle](https://sms4smile.com/quotes/author/john-c-bogle/) > [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/) > [The mutual fund industry has been built, in a sense, on witchcraft.](https://sms4smile.com/quotes/john-c-bogle/the-mutual-fund-industry-has-been-built-in-a-sense-on-witchcraft/) [John C. Bogle](https://sms4smile.com/quotes/author/john-c-bogle/) > [Santa Claus and the Easter Bunny should take a few pointers from the mutual-fund industry. All three are trying to pull off elaborate hoaxes.…](https://sms4smile.com/quotes/jonathan-clements/santa-claus-and-the-easter-bunny-should-take-a-few-pointers-from-the/) [Jonathan Clements](https://sms4smile.com/quotes/author/jonathan-clements/) > [Yes, the investor is often his own worst enemy. 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If I open a cupboard and see,…](https://sms4smile.com/quotes/garrison-keillor/on-investments-1998-where-i-m-from-we-don-t-trust-paper-wealth-is/) [Garrison Keillor](https://sms4smile.com/quotes/author/garrison-keillor/) > [If you don't like the idea that most of the money spent on lottery tickets supports government programs, you should know that most of…](https://sms4smile.com/quotes/robert-kiyosaki/if-you-don-t-like-the-idea-that-most-of-the-money-spent-on-lottery/) [Robert Kiyosaki](https://sms4smile.com/quotes/author/robert-kiyosaki/) ## More by Jim Cramer > [We are all wrong so often that it amazes me that we can have any conviction at all over the direction of things to…](https://sms4smile.com/quotes/jim-cramer/we-are-all-wrong-so-often-that-it-amazes-me-that-we-can-have-any/) [Jim Cramer](https://sms4smile.com/quotes/author/jim-cramer/) > [Whatever money you may need for the next five years, please take it out of the stock market right now, this week.](https://sms4smile.com/quotes/jim-cramer/whatever-money-you-may-need-for-the-next-five-years-please-take-it/) [Jim Cramer](https://sms4smile.com/quotes/author/jim-cramer/) > [Picking the right stocks is one of the hardest parts of investing, and every night on Mad Money, I try to take some of…](https://sms4smile.com/quotes/jim-cramer/picking-the-right-stocks-is-one-of-the-hardest-parts-of-investing-and/) [Jim Cramer](https://sms4smile.com/quotes/author/jim-cramer/) > [Don't move your money from Bear! That's just being silly! Don't be silly!](https://sms4smile.com/quotes/jim-cramer/don-t-move-your-money-from-bear-that-s-just-being-silly-don-t-be-silly/) [Jim Cramer](https://sms4smile.com/quotes/author/jim-cramer/) > [These will be fabulous investments and will make millions of more people rich.](https://sms4smile.com/quotes/jim-cramer/these-will-be-fabulous-investments-and-will-make-millions-of-more/) [Jim Cramer](https://sms4smile.com/quotes/author/jim-cramer/) > [I mean that what makes me a professional, but the market itself has been fabulous during this whole period and I've got to give…](https://sms4smile.com/quotes/jim-cramer/i-mean-that-what-makes-me-a-professional-but-the-market-itself-has/) [Jim Cramer](https://sms4smile.com/quotes/author/jim-cramer/) > [A good investor in this new world knows to always expect the unexpected.](https://sms4smile.com/quotes/jim-cramer/a-good-investor-in-this-new-world-knows-to-always-expect-the/) [Jim Cramer](https://sms4smile.com/quotes/author/jim-cramer/) > [There's accountability in the mutual fund industry. And they've been tremendous engines of wealth for people and they're going to continue to be so.](https://sms4smile.com/quotes/jim-cramer/there-s-accountability-in-the-mutual-fund-industry-and-they-ve-been/) [Jim Cramer](https://sms4smile.com/quotes/author/jim-cramer/) > [You have a class of investors and you have a class of speculators. The speculators historically haven't been big enough to cause the investors…](https://sms4smile.com/quotes/jim-cramer/you-have-a-class-of-investors-and-you-have-a-class-of-speculators-the/) [Jim Cramer](https://sms4smile.com/quotes/author/jim-cramer/) > [The party line is that stocks historically have outperformed all other investment plans.](https://sms4smile.com/quotes/jim-cramer/the-party-line-is-that-stocks-historically-have-outperformed-all/) [Jim Cramer](https://sms4smile.com/quotes/author/jim-cramer/) > [And, strangely, this one of the few things in life that the third, the latter, the buy with our eyes closed has actually done…](https://sms4smile.com/quotes/jim-cramer/and-strangely-this-one-of-the-few-things-in-life-that-the-third-the/) [Jim Cramer](https://sms4smile.com/quotes/author/jim-cramer/) > [I want to buy them, because historically these have been great engines of enrichment for the middle class, 'historically' meaning now for a good…](https://sms4smile.com/quotes/jim-cramer/i-want-to-buy-them-because-historically-these-have-been-great-engines/) [Jim Cramer](https://sms4smile.com/quotes/author/jim-cramer/) > [Oligopoly, plutocracy, kleptocracy: All things that are good for a shareholder.](https://sms4smile.com/quotes/jim-cramer/oligopoly-plutocracy-kleptocracy-all-things-that-are-good-for-a/) [Jim Cramer](https://sms4smile.com/quotes/author/jim-cramer/) > [This is a business, the direct selling, that bizarrely works best when times are bad.](https://sms4smile.com/quotes/jim-cramer/this-is-a-business-the-direct-selling-that-bizarrely-works-best-when/) [Jim Cramer](https://sms4smile.com/quotes/author/jim-cramer/) > [I am not a hesitant bull, I'm a Pamplona bull.](https://sms4smile.com/quotes/jim-cramer/i-am-not-a-hesitant-bull-i-m-a-pamplona-bull/) [Jim Cramer](https://sms4smile.com/quotes/author/jim-cramer/) [Explore all 54 Jim Cramer quotes ](https://sms4smile.com/quotes/author/jim-cramer/) ## More Competitors quotes > [Talented people can predict with great accuracy what's about to happen just a tiny bit ahead of their competitors. It might be two seconds…](https://sms4smile.com/quotes/kevin-maney/talented-people-can-predict-with-great-accuracy-what-s-about-to/) [Kevin Maney](https://sms4smile.com/quotes/author/kevin-maney/) > [You want to remain hungry and stay in a good place as a competitor; at the same time, you want to be confident but…](https://sms4smile.com/quotes/lamar-odom/you-want-to-remain-hungry-and-stay-in-a-good-place-as-a-competitor-at/) [Lamar Odom](https://sms4smile.com/quotes/author/lamar-odom/) > [Sports have always been a huge part of my life and my conversations. It is a thrill and an honor to be a part…](https://sms4smile.com/quotes/summer-sanders/sports-have-always-been-a-huge-part-of-my-life-and-my-conversations/) [Summer Sanders](https://sms4smile.com/quotes/author/summer-sanders/) > [Business is always a struggle. There are always obstacles and competitors. There is never an open road, except the wide road that leads to…](https://sms4smile.com/quotes/chris-kirubi/business-is-always-a-struggle-there-are-always-obstacles-and/) Chris Kirubi > [Every coercive monopoly was created by government intervention into the economy: by special privileges, such as franchises or subsidies, which closed the entry of…](https://sms4smile.com/quotes/ayn-rand/every-coercive-monopoly-was-created-by-government-intervention-into/) [Ayn Rand](https://sms4smile.com/quotes/author/ayn-rand/) > [As they grow, companies saturate their markets, become more complex and difficult to manage, and face larger and more entrenched competitors.](https://sms4smile.com/quotes/alex-berenson/as-they-grow-companies-saturate-their-markets-become-more-complex-and/) [Alex Berenson](https://sms4smile.com/quotes/author/alex-berenson/) > [If you want to gain market share at your competitor's expense - look for a customer that's suffering from too much complexity and simplify…](https://sms4smile.com/quotes/peter-cohan/if-you-want-to-gain-market-share-at-your-competitor-s-expense-look/) Peter Cohan > [I learn from all our major competitors, whether they're in or out of the U.S. Wells Fargo is very actively, very aggressively, and very…](https://sms4smile.com/quotes/jamie-dimon/i-learn-from-all-our-major-competitors-whether-they-re-in-or-out-of/) [Jamie Dimon](https://sms4smile.com/quotes/author/jamie-dimon/) > [Many manufacturers secretly question whether advertising really sells their product, but are vaguely afraid that their competitors might steal a march on them if…](https://sms4smile.com/quotes/david-ogilvy/many-manufacturers-secretly-question-whether-advertising-really-sells/) [David Ogilvy](https://sms4smile.com/quotes/author/david-ogilvy/) > [I've got to know my strength and weaknesses and the same for my competitors.](https://sms4smile.com/quotes/caroline-buchanan/i-ve-got-to-know-my-strength-and-weaknesses-and-the-same-for-my/) [Caroline Buchanan](https://sms4smile.com/quotes/author/caroline-buchanan/) > [As a competitor and an athlete, you love that you get to go back and challenge someone, especially the world champs.](https://sms4smile.com/quotes/tony-romo/as-a-competitor-and-an-athlete-you-love-that-you-get-to-go-back-and/) [Tony Romo](https://sms4smile.com/quotes/author/tony-romo/) > [We can never have too much preparation and training. We must be a strong competitor. We must adhere staunchly to the basic principle that…](https://sms4smile.com/quotes/ralph-bunche/we-can-never-have-too-much-preparation-and-training-we-must-be-a/) [Ralph Bunche](https://sms4smile.com/quotes/author/ralph-bunche/) > [Even in the face of massive competition, don't think about the competition. Literally don't think about them. Every time you're in a meeting and…](https://sms4smile.com/quotes/mike-mccue/even-in-the-face-of-massive-competition-don-t-think-about-the/) [Mike McCue](https://sms4smile.com/quotes/author/mike-mccue/) > [In the United States businessmen often do not trust their colleagues. If you trust your colleague today, he may be your competitor tomorrow, because…](https://sms4smile.com/quotes/akio-morita/in-the-united-states-businessmen-often-do-not-trust-their-colleagues/) [Akio Morita](https://sms4smile.com/quotes/author/akio-morita/) > [We're not competitor obsessed, we're customer obsessed. We start with the customer and we work backwards.](https://sms4smile.com/quotes/jeff-bezos/we-re-not-competitor-obsessed-we-re-customer-obsessed-we-start-with/) [Jeff Bezos](https://sms4smile.com/quotes/author/jeff-bezos/) Browse all 613 Competitors quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "The mutual fund industry provided the money for Intel and Motorola and Hewlett-Packard to crush the competitors.", "creator": { "@type": "Person", "name": "Jim Cramer" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/jim-cramer/the-mutual-fund-industry-provided-the-money-for-intel-and-motorola/", "about": { "@type": "Thing", "name": "Competitors" }, "@id": "https://sms4smile.com/quotes/jim-cramer/the-mutual-fund-industry-provided-the-money-for-intel-and-motorola/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/c54/jim-cramer-12495_competitors_the-mutual-fund-industry-provided-the-mo_134566.jpg", "contentUrl": "https://sms4smile.com/quotes/i/c54/jim-cramer-12495_competitors_the-mutual-fund-industry-provided-the-mo_134566.jpg", "url": "https://sms4smile.com/quotes/i/c54/jim-cramer-12495_competitors_the-mutual-fund-industry-provided-the-mo_134566.jpg", "width": 1080, "height": 1080, "caption": "“The mutual fund industry provided the money for Intel and Motorola and Hewlett-Packard to crush the…” — Jim Cramer", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Jim Cramer", "item": "https://sms4smile.com/quotes/author/jim-cramer/" }, { "@type": "ListItem", "position": 4, "name": "The mutual fund industry provided the...", "item": "https://sms4smile.com/quotes/jim-cramer/the-mutual-fund-industry-provided-the-money-for-intel-and-motorola/" } ], "@id": "https://sms4smile.com/quotes/jim-cramer/the-mutual-fund-industry-provided-the-money-for-intel-and-motorola/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```