With any investment, you want your incentives aligned with those in charge,
More Quotes from Russ Kinnel:
Turnover tends to add value in small cap growth funds.Russ Kinnel
The performance picture is muddied, however, because many troubled Merrill funds have been merged with others or liquidated. Merrill's record looks better than it is when you consider the bad funds they've merged away, ... They swept quite a bit under the rug.
Russ Kinnel
Over the last 10 or 15 years, commission costs on stock trading have come down a lot more than the costs of funds,
Russ Kinnel
He really did things differently, ... And it worked well for investors and the company.
Russ Kinnel
Because bank stocks are more of a value stock, managers won't care that they're going up for a week or two. It's more important for them that after taking a breather, valuations look more attractive.
Russ Kinnel
There are some positives to multi-management one is you get diversification of strategies and investments. What you're doing is diversifying at another meaningful level that you'd have to pick separate funds to do.
Russ Kinnel
Readers Who Like This Quotation Also Like:
Based on Topics: Investment QuotesThe hero, the mythical subject, is constructed as human being and as male; he is the active principle of culture, the establisher of distinction, the creator of differences.
Teresa de Lauretis
In order to know the true situation of a Planet at any particular time, the small set of balls are to be put each on its respective axis; then the winch to be turned round until each index points to the given time.
David Rittenhouse
Music is a language, you see, a universal language.
Sun Ra