Advantage Quote by Peter Lynch

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

— John C. Bogle

Investors tend to discover 'hot' mutual fund managers just after a successful run and just before the inescapable force of mean reversion is about…

— Barry Ritholtz

There are a lot of idiot fund managers out there who add no value to the process at all.

— Kevin O'Leary

With actively managed funds, people have big behavior problems. With funds that have done well, they put their money in, and when it has…

— John C. Bogle

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

Mutual fund managers are trapped in this rather deadly vicious circle: the more successful they are, the more money flows into their mutual fund.…

— Ron Chernow

It is the manager and the team that affect performance, not the size of the fund or firm.

— John Paulson

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

The debate can be put in the form of the question: Resolved, that the best of money managers cannot be demonstrated to be able…

— Paul Samuelson

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

Among my greatest disappointments about the mutual fund industry - in addition to excessive costs and excessive focus on the short-term - is that…

— John C. Bogle

The fund scandals shined the spotlight on the fact that mutual fund managers were putting their interests ahead of the fund shareholders who trusted…

— John C. Bogle