Customer Quote by Ron Chernow

Mutual funds were created to make investing easy, so consumers wouldn't have to be burdened with picking individual stocks.

— Anonymous

The best argument for mutual funds is that they offer safety and diversification. But they don't necessarily offer safety and diversification.

— Ron Chernow

Mutual funds have historically offered safety and diversification. And they spare you the responsibility of picking individual stocks.

— Ron Chernow

There may be less of a chance of losing all the money you put into a mutual fund than there is of losing all…

— Robert Kiyosaki

A mutual fund can do for you what you would do for yourself if you had sufficient time, training, and money to diversify, plus…

— Venita VanCaspel

I just don't like mutual funds. I think they're a rip-off.

— Robert Kiyosaki

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

Mutual funds charge 2% per year and then brokers switch people between funds, costing another 3-4 percentage points. The poor guy in the general…

— Charlie Munger

The general systems of money management today require people to pretend to do something they can't do and like something they don't. It's a…

— John C. Bogle

“I’m going to use my good old suitcase metaphor one more time: A mutual fund is like a suitcase that holds dozens—and often hundreds—of…

— Suze Orman

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

Mutual funds are an overrated investment heavily promoted by Wall Street.

— Peter Schiff