Corporations Quote by Michael LeBoeuf

I have become increasingly convinced that the past records of mutual fund managers are essentially worthless in predicting future success. The few examples of…

— Burton Malkiel

Index funds are the only rational alternative for almost all mutual fund investors.

— Mark Hulbert

While fund performance is unpredictable, the impact of fees is not, .. A 1- percent annual fee will reduce an ending account balance by…

— Arthur Levitt Jr

The best argument for mutual funds is that they offer safety and diversification. But they don't necessarily offer safety and diversification.

— Ron Chernow

Mutual fund manager performance does not persist and the return of stock picking is zero.

— William J. Bernstein

The key thing about any fund is to make sure its expenses are low. You know, if you look at the funds in your…

— William J. Bernstein

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

Never underrate the importance of asset allocation.

— John C. Bogle

First, only invest in companies that have the potential to return the value of the entire fund.

— Peter Thiel

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

Fund investors are confident that they can easily select superior fund managers. They are wrong.

— John C. Bogle

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