A Quote by Jim Cramer

The mutual fund industry provided the money for Intel and Motorola and Hewlett-Packard to crush the competitors.

Jim Cramer

Quote Topics

Competitors Crush Fund Industry Intel Money Mutual Mutual Fund Provided

Quote Author

Jim Cramer
American - Businessman
Born: February 10, 1955

That's what Walt Disney did, and Hewlett and Packard, and the people who built Intel. They created a company to last, not just to make money. That's what I want Apple to be.

Steve Jobs

Hewlett Packard at one point had only three private offices. One belonged to Hewlett, one to Packard, and the third to a guy named Paul Ely who annoyed so many coworkers with his bellowing on the phone that the company finally extended his cubicle walls to the ceiling.

Robert X. Cringely

There may be less of a chance of losing all the money you put into a mutual fund than there is of losing all the money you put into lottery tickets, but you're never going to win big in a mutual fund.

Robert Kiyosaki

It had not yet been named Silicon Valley, but you had the defense industry, you had Hewlett-Packard. But you also had the counter-culture, the Bay Area. That entire brew came together in Steve Jobs.

Erik Qualman

Mutual fund managers are trapped in this rather deadly vicious circle: the more successful they are, the more money flows into their mutual fund. Then, it is more difficult for them to beat the market averages or even to match their own past performance.

Ron Chernow

When you're trying to recruit a senior product manager from Hewlett-Packard, he doesn't want to work in a garage.

Greg Gianforte

I managed Hewlett Packard through the worst technology downturn in 25 years, the dotcom bust.

Carly Fiorina

The culture of the mutual fund industry, when I came into it in 1951, was pretty much a culture of fiduciary duty and investment, with funds run by investment professionals. The firm I worked with, Wellington Management Co., they had one fund. That was very typical in the industry... investment professionals focused on long-term investing.

John C. Bogle

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

Among my greatest disappointments about the mutual fund industry - in addition to excessive costs and excessive focus on the short-term - is that fund managers have been passive participants in corporate governance.

John C. Bogle

I believe Washington should be a more active participant focusing on the issue of why corporate shareholders and mutual fund shareholders are not given fair treatment by corporate management and mutual fund management. We need to develop a national standard of fiduciary duty to ensure that these agents, if you will, are adequately representing the principles - pension beneficiaries and mutual fund shareholders - whom they are duty bound to serve.

John C. Bogle

Most of the media... is positioning the merger with Compaq and the recent actions by Walter Hewlett and David Packard as a fight between the past and the future.

Carly Fiorina

The mutual fund industry has been built, in a sense, on witchcraft.

John C. Bogle

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 the earnings from mutual funds support investment advisors' and mutual fund managers' retirement.

Robert Kiyosaki

Broadcom is the descendent of a nearly 60-year-old unit of the original Hewlett-Packard. Semiconductor companies are like enterprise software companies: they don't die easily.