"I'm making a case against how money managers……" — Michael Lee-Chin

"I'm making a case against how money managers are handling customers' money. The objective of the customer is not being met if the fund managers are diversifying their assets into hundreds of businesses. If they do this, they are typically performing close to the indexes. But that's not the way wealth is created."

Michael Lee-Chin

13 Quotes by Michael Lee-Chin

Michael Lee-Chin has 13 quotes on this site. A few more worth reading:

See all 13 quotes by Michael Lee-Chin »

More Assets Quotes

This quote is filed under Assets Quotes, one of 556 quotes in that category. Here are a few more:

See all 556 Assets Quotes »