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Famous Quotes
Why Should you Be a Passive Investor? Don't Take Our Word For It! Listen to what some of the most successful investors of our time say... "Most
investors, both institutional and individual, will find that the best way to own common
stocks is through an index fund that charges minimal fees." "All the time and effort
that people devote to picking the hot hand, the great manager, have in most cases led to
no advantage…Most individual investors would be better off in an index mutual
fund." Former Manager, Fidelity Magellan "Any pension fund
manager who doesn’t have the vast majority - and I mean 70%-80% of his or her
portfolio - in indexed investments is guilty of malfeasance, non-feasance or some other
kind of bad feasance" 1990 Co-Recipient, Nobel Prize in Economic Science "The evidence on investment
manager’s success with market timing is impressive-and overwhelmingly negative." |
