"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."
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Michael Lee-Chin
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More Assets Quotes
This quote is filed under Assets Quotes,
one of 556 quotes in that category. Here are a few more:
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People are definitely a company's greatest asset. It doesn't make any difference whether the product is cars or cosmetics. A…
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In my role as Wikileaks editor, I've been involved in fighting off many legal attacks. To do that, and keep…
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Don't let what you don't know scare you, because it can become your greatest asset. And if you do things…
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The music industry is a strange combination of having real and intangible assets: pop bands are brand names in themselves,…
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When Gordon the Brown, in London in 1997, commissioned a great inquisition or survey of his new realm, the result…
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Why not invest your assets in the companies you really like? As Mae West said, 'Too much of a good…
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Today people who hold cash equivalents feel comfortable. They shouldn't. They have opted for a terrible long-term asset, one that…
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Housing associations have fingered the fact that they cannot use their assets as liquidity due to Bank of England rules…
— Vince Cable
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Healthy citizens are the greatest asset any country can have.
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For far too long the world's poorest people have seen no benefit from the vast natural resources in their own…
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Although women do two-thirds of the world's labor, they own less than one percent of the world's assets.
— Isabel Allende
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