Believe Quote by John C. Bogle

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

— Ron Chernow

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.

— Jim Cramer

I’d say that Berkshire Hathaway’s system is adapting to the nature of the investment problem as it really is. We’ve really made the money…

— Charlie Munger

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 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

We make too much out of past performance, and it's very misleading to investors. It causes them to move money around. They buy a…

— John C. Bogle

Right at the core, the mainstream has it backwards. Warren Buffett often quips that the first rule of investing is to not lose money,…

— Seth Klarman

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

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

I just don't like mutual funds. I think they're a rip-off.

— Robert Kiyosaki

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

Millions of mutual-fund investors sleep well at night, serene in the belief that superior outcomes result from pooling funds with like-minded investors and engaging…

— David F. Swensen