Better job Quote by Pat Dorsey

I remember my sense of shock some half-dozen years ago when I read a recommendation to sell shares of a company ... The recommendation…

— Philip Arthur Fisher

Brokerage firms don't sell customers stock so much as they sell those horrible mutual funds

— Michael Steinhardt

We have moved from treating funds as investment trusts designed to serve their owner-beneficiaries to treating funds as consumer products, designed to attract the…

— John C. Bogle

Full service brokers, in this day and age of low cost mutual funds and discount brokers, are really nothing more than machines for ripping…

— Joel Spolsky

Even fans of actively managed funds often concede that most other investors would be better off in index funds. But buoyed by abundant self-confidence,…

— Paul Samuelson

Experience conclusively shows that index-fund buyers are likely to obtain results exceeding those of the typical fund manager, whose large advisory fees and substantial…

— Burton Malkiel

To make the most of your money, I recommend sticking with mutual funds that don't charge a commission when you buy or sell.

— Suze Orman

Santa Claus and the Easter Bunny should take a few pointers from the mutual-fund industry. All three are trying to pull off elaborate hoaxes.…

— Jonathan Clements

The trick of successful investors is to sell when they want to, not when they have to.

— Seth Klarman

The principal role of the mutual fund is to serve its investors.

— John C. Bogle

Many financial innovations such as the increased availability of low-cost mutual funds have improved opportunities for households to participate in asset markets and diversify…

— Janet Yellen

“When closed-end funds are started they are usually sold by brokers, who add a hefty commission of around 7% to the sale price. But…

— Richard H. Thaler