A Quote by Alex Berenson

For investors who do want to speculate in high-yield bonds, one alternative may be a junk bond mutual fund, which can offer investors the relative safety of diversification.

Alex Berenson

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Alternative Bond Bonds Diversification Fund High Investors Junk May Mutual Mutual Fund Offer Relative Safety Speculate Want Which Yield

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Alex Berenson
American - Author
Born: January 6, 1973

Index funds are the only rational alternative for almost all mutual fund investors.

Mark Hulbert

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

Ron Chernow

Millions of mutual-fund investors sleep well at night, serene in the belief that superior outcomes result from pooling funds with like-minded investors and engaging high-quality investment managers to provide professional insight. The conventional wisdom ends up hopelessly unwise, as evidence shows an overwhelming rate of failure by mutual funds to deliver on promises.

David F. Swensen

Investors frequently benefit from making decisions with less than perfect knowledge and are well rewarded for bearing the risk of uncertainty. The time other investors spend delving into the last unanswered detail may cost them the chance to buy into situations at prices so low they offer a margin of safety despite the incomplete information

Seth Klarman

Surprise! The returns reported by mutual funds aren't actually earned by mutual fund investors.

John C. Bogle

The higher the yield, the higher the risk. A high yield is designed to attract investors. An outrageously high yield attracts fools.

Nancy Dunnan

The principal role of the mutual fund is to serve its investors.

John C. Bogle

The idea that a bell rings to signal when investors should get into or out of the stock market is simply not credible. After nearly fifty years in this business, I do not know of anybody who has done it successfully and consistently. I don't even know anybody who knows anybody who has done it successfully and consistently. Yet market timing appears to be increasingly embraced by mutual fund investors and the professional managers of fund portfolios alike.

John C. Bogle

It is intellectually dishonest to lump venture investors with hedge fund and buy-out investors.

Jose Ferreira

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 from its systematic exploitation of individual investors... as funds extract enormous sums from investors in exchange for providing a shocking disservice... Excessive management fees take their toll, and manager profits dominate fiduciary responsibility.

David F. Swensen

Some investors may grumble about entrepreneurs wanting 'unicorn valuations.' But let's be honest: most investors want them, too, and are supporting the massive capitalization of these companies.

Aileen Lee

Bond investors want growth much like equity investors, and to the extent that too much austerity leads to recession or stagnation then credit spreads widen out - even if a country can print its own currency and write its own cheques.

Bill Gross

There no longer can be any doubt that the creation of the first index mutual fund was the most successful innovation - especially for investors - in modern financial history.

John C. Bogle

Investor confidence in Adani is fairly high, and most of our investors are long-term investors.

Gautam Adani

Yes, the investor is often his own worst enemy. Yes, the marketing colossus known as the mutual fund industry provides the weaponry which enables investors to indulge their suicidal instincts. No, the fund industry was hardly an innocent bystander in the market boom and the subsequent carnage. "We have met the enemy and he is us"... all of us.

John C. Bogle

We need a federal government commission to study the way our financial services system is working - I believe it is working badly - and we also need more educated investors. There are good long term low-priced mutual funds - my favorite is a total stock market index fund - and bad short term highly priced mutual funds. If investors would get themselves educated, and invest in the former - taking their money out of the latter - we would see some automatic improvements in the system, and see them fairly quickly.

John C. Bogle

A Quote by Alex Berenson

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