Quote
Mutual fund managers want your money in their funds. They get paid based on assets under management.
Quote
Mutual fund managers want your money in their funds. They get paid based on assets under management.
More from Barry Ritholtz
“The simple reality of life is that everyone is wrong on a regular basis. By confronting these inevitable errors, you allow yourself to make corrections before it is too late.”
0 likes
“Owning a variety of asset classes means that some part of your portfolio will be doing well when the cyclical turmoil arises. A broadly diversified portfolio includes large capitalization st...”
0 likes
“Here is a dirty little secret: Stock-picking is wildly overrated. Sure, it makes for great cocktail party chatter, and what is more fun than delving into a company's new products? But the tr...”
0 likes
Discover More
“Two things are infinite: the universe and human stupidity; and I'm not sure about the universe.”
200 likes
“I'm selfish, impatient and a little insecure. I make mistakes, I am out of control and at times hard to handle. But if you can't handle me at my worst, then you sure as hell don't deserve me...”
172 likes
“You've gotta dance like there's nobody watching, Love like you'll never be hurt, Sing like there's nobody listening, And live like it's heaven on earth.”
150 likes
“So many books, so little time.”
142 likes
“You know you're in love when you can't fall asleep because reality is finally better than your dreams.”
“The person, be it gentleman or lady, who has not pleasure in a good novel, must be intolerably stupid.”
112 likes