Culture Quote by 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

There were two qualities about the mutual funds of the 1920s that made them extremely speculative. One was that they were heavily leveraged. Two,…

— Ron Chernow

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 fund managers want your money in their funds. They get paid based on assets under management.

— Barry Ritholtz

A mutual fund can do for you what you would do for yourself if you had sufficient time, training, and money to diversify, plus…

— Venita VanCaspel

“I’m going to use my good old suitcase metaphor one more time: A mutual fund is like a suitcase that holds dozens—and often hundreds—of…

— Suze Orman

I've been studying mutual funds since 1949, when I began researching my senior thesis at Princeton University.

— John C. Bogle

Entrepreneurs or international conglomerateurs, or large financial institutions buy or create mutual fund management companies to create a return on their own capital. It's…

— 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…

— David F. Swensen

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

There no longer can be any doubt that the creation of the first index mutual fund was the most successful innovation - especially for…

— John C. Bogle

The mutual fund industry has been built, in a sense, on witchcraft.

— John C. Bogle