There seems to be a move towards responsible disclosure. That (fund fees) is one area where you can clearly see that fund directors are not doing their jobs. They're always willing to raise expenses. It doesn't make sense.
More Quotes from Russ Kinnel:
There's bound to be a strong interest in protecting your principal and your reputation. However, I think it can be a mixed bag. On the one hand, you have some nice stability. . . . But at the same time, there can be issues. You have to ask, has this person really earned their spot Obviously some will show experience beyond their years, for having grown up in it, and having fathers that can show them the ropes. That can be tremendously valuable.Russ Kinnel
When you have this tremendous bull market, funds do seem boring, ... A lot of people have discovered Internet trading, and mutual funds don't give you the thrill of seeing your stock go up 50 percent.
Russ Kinnel
A year ago, it would have been a good time to bail out but now they seem to be making some improvements, ... In cases like this where there is potential for a turnaround it's a tougher call.
Russ Kinnel
With any investment, you want your incentives aligned with those in charge,
Russ Kinnel
Patience and tuning out the noise is what really gets rewarded in the market.
Russ Kinnel
He made investing make sense, ... His books are as good a read as you can find on investing.
Russ Kinnel
Readers Who Like This Quotation Also Like:
Based on Topics: Sense & Perception QuotesConservatism clings to what has been established, fearing that, once we begin to question the beliefs that we have inherited, all the values of life will be destroyed.
Morris Raphael Cohen
Go, lovely rose! Tell her that wastes her time and me That now she knows, When I resemble her to thee, How sweet and fair she seems to be.
Edmund Waller
And he that will this health deny, down among the dead men let him lie.
John Dyer