-
Next Quote
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 -
Previous Quote
A crash really occurs when you suddenly have a violent downturn in the market that then heralds a long bull market.
- Ron Chernow