Fund Quote by Peter Schiff Download Open image “Mutual funds are an overrated investment heavily promoted by Wall Street.” — Peter Schiff ★ ★ ★ ★ ★ 4.3 out of 5 (9 ratings) Copy quoteShare Fund Investing Investment Mutual Mutual fund Mutual funds Overrated Streets Wall Wall St Wall street
Mutual funds give people the sense that they're investing with the big boys and that they're really not at a disadvantage entering the stock… — Ron Chernow Copy Share Image
Wall Street, with its army of brokers, analysts, and advisers funneling trillions of dollars into mutual funds, hedge funds, and private equity funds, is… — Michael Lewis Copy Share Image
There's accountability in the mutual fund industry. And they've been tremendous engines of wealth for people and they're going to continue to be so. — Jim Cramer Copy Share Image
I am a huge, huge, huge fan of index funds. They are the investor’s best friend and Wall Street’s worst nightmare. — Jonathan Clements Copy Share Image
The best argument for mutual funds is that they offer safety and diversification. But they don't necessarily offer safety and diversification. — Ron Chernow Copy Share Image
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 Copy Share Image
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. But while Santa and the bunny suffer the derision of eight year olds everywhere, actively-managed stock funds still have an ardent following among otherwise clear-thinking adults. This continued loyalty amazes me. Reams of statistics prove that… — Jonathan Clements Copy Share
What I find very interesting about the mutual funds managers is that here are people who are the new masters of the universe. They're… — Ron Chernow Copy Share Image
“When people tell you that this venerable firm or private investor invested X millions of dollars in that entity and that it is a… — Ziad K. Abdelnour Copy Share Image
I believe that the mutual fund industry's biggest shortcoming is too much focus on the momentary price of a stock - an illusion -… — John C. Bogle Copy Share Image
Most paper money initially existed as a substitute for gold. That's what gave it value. But right now what gives a currency value is… — Peter Schiff Copy Share Image
Perhaps the most important reason to be skeptical of government inflation numbers is that the government, like a fox campaigning to guard a hen… — Peter Schiff Copy Share Image
When the dollar collapses, it's not doing it in a vacuum. If the dollar loses value, it's doing so relative to some other currency.… — Peter Schiff Copy Share Image
Every time the market has corrected, since 2008, it's always been the Fed that's made the bottom. The Fed has always saved the market… — Peter Schiff Copy Share Image
“Boom/bust cycles are not inevitable and would not occur were it not for the inflationary monetary policies that always precede recessions.” — Peter Schiff Copy Share Image
We had a very upwardly mobile economy, and that peaked around the 1950s when the typical middle-class American family consisted of a father with… — Peter Schiff Copy Share Image
Printing money creates inflation, which weakens an economy. Unfortunately, this kind of common-sense thinking never seems to penetrate academic circles. — Peter Schiff Copy Share Image
The fiat-based system has produced enormous global imbalances that are straining the global economy. Ultimately, I think the whole thing gives way and what… — Peter Schiff Copy Share Image
Central banks are choosing to increase their gold holdings as a percentage of total reserves. They obviously think there is a reason to do… — Peter Schiff Copy Share Image
Once the government runs out of foreign and private sector bidders for new Treasurys, the Federal Reserve will be the only buyer, and the… — Peter Schiff Copy Share Image
My mother always taught me that two wrongs don't make a right. We shouldn't bail out Wall Street. We shouldn't bail out Detroit. It… — Peter Schiff Copy Share Image
When the fountains of government [borrowing] abundance began to dry up, when through lack of funds and the impossibility of negotiating fresh loans the… — John T. Flynn Copy Share Image
There could be no more powerful argument against mixing religion and government than the success of independent African American churches in placing racial segregation… — Susan Jacoby Copy Share Image
Every morning when I pick up the newspaper and read about an earthquake in Japan or problems in European financial institutions, the first question… — Mary Schapiro Copy Share Image
The only issue cash presents you is the independence of not stressing about funds. — Johnny Carson Copy Share Image
My day job, running a fund management company, means I know that I and my team can't afford not to read every word of… — Gina Miller Copy Share Image
Thankfully the rest of the world assumed that the Irish were crazy, a theory that the Irish themselves did nothing to debunk. They had… — Eoin Colfer Copy Share Image
When we started Appaloosa, we were going to name it Pegasus because everyone was using Greek names. We filed the name. We paid $300,… — David Tepper Copy Share Image
I chose the Pink Fund because my mom was diagnosed with breast cancer and I was pretty young in high school. At the time… — Jordan Larson Copy Share Image
The Indians didn't help me in dealing with the media. I think they wanted to keep my market value down. I'm moody. I know… — Albert Belle Copy Share Image
I still remember playing my first Challenger tournament in Hong Kong in 1990, and the prize fund was $50,000. — Tim Henman Copy Share Image
It is intellectually dishonest to lump venture investors with hedge fund and buy-out investors. — Jose Ferreira Copy Share Image
If you don't like the idea that most of the money spent on lottery tickets supports government programs, you should know that most of… — Robert Kiyosaki Copy Share Image