Ron Chernow Mutual Quotations

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

The mutual fund industry and small investors are very relentless and very unforgiving if people don't perform.

The mutual fund industry has been very successful at promoting itself in this glamorous way. Mutual funds are actually vast, impersonal bureaucratic structures, and yet they were clever enough to give a human face to the mutual funds.