A Quote by Scott Cook

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

Scott Cook

Quote Topics

Consumers Created Easy Funds Individual Investing Make Mutual Mutual Fund Mutual Funds Picking Stocks Were

Quote Author

Scott Cook
American - Businessman

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

Ron Chernow

There were two qualities about the mutual funds of the 1920s that made them extremely speculative. One was that they were heavily leveraged. Two, mutual funds were allowed to invest in other mutual funds.

Ron Chernow

I have mutual funds. I have a lot of individual stocks. I'm across the board, really well diversified.

Duff McKagan

Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and mutual funds altogether.

Peter Lynch

How many millionaires do you know who have become wealthy by investing in stocks, bonds, mutual funds or savings accounts? Income property is the most historically proven asset class in America, if not the entire world. I rest my case.

Jason Hartman

If you hope to have more money tomorrow than you have today, you've got to put a chunk of your assets into stocks. Sooner or later, a portfolio of stocks or stock mutual funds will turn out to be a lot more valuable than a portfolio of bonds or CDs or money-market funds.

Peter Lynch

Women tend to have a better track record in investing - when they invest - than men do, because they tend to take a longer-term perspective. They tend to trade less. They tend to shift in and out of stocks or mutual funds less often.

Sallie Krawcheck

I don't invest in the stock market. I did it a long, long time ago when I was really young, and I got involved in all the investigations and all the prosecutions, and I felt it was better if I didn't make individual investments. So I'm invested in funds, but not in individual - not in individual stocks.

Rudy Giuliani

Will customers keep supporting the enormous overhead required to sustain ineffectual, unproductive stock picking across an array of thousands of individual funds devoted to every investing 'style' and economic sector or regional subgroup that some marketing idiot can dream up? Not likely. A brutal shakeout is coming and one of its revelations will be that stock picking is a grossly overrated piece of the puzzle, that cost control is what distinguishes a competitive firm from an uncompetitive one.

Holman W. Jenkins, Jr.

If you have the stomach for stocks, but neither the time nor the inclination to do the homework, invest in equity mutual funds.

Peter Lynch

If the investor doesn't have enough time and skill to investigate individual stocks or enough money to diversify a portfolio, the right thing to do is to invest in exchange-traded funds that give you exposure to asset classes. It does make sense for the individual investor to think in terms of holding individual asset classes.

Harry Markowitz

Mutual funds give people the sense that they're investing with the big boys and that they're really not at a disadvantage entering the stock market.

Ron Chernow

You shouldn't trust the judgments of stock brokers picking individual stocks.

Gary A. Klein

Picking the right stocks is one of the hardest parts of investing, and every night on Mad Money, I try to take some of that burden off your shoulders.

Jim Cramer

Equity mutual funds are the perfect solution for people who want to own stocks without doing their own research.

Peter Lynch

In general, the hedge funds were clobbered by the 1969 bear market, ending up in many cases with records that were worse than those put together by aggressive mutual funds denied the luxury of short sales.

Carol Loomis

A Quote by Scott Cook

Quote Topics

Quote Author

Related Quotes

Related Authors