Only 20% of fund managers will beat the Index over time. 80% will fail. 100% of them will charge you high fees to try.

-- JL Collins Site: jlcollinsnh.com

Related quotes (Go back)

I say to you never involve yourself in debt, and become no man's surety.

Andrew Jackson Filed in Debt

Live within your means, never be in debt, and by husbanding your money you can always lay it out well.

Andrew Jackson Filed in Debt

When you get in debt you become a slave.

Andrew Jackson Filed in Debt

The real measure of your wealth is how much you'd be worth if you lost all your money.

Anonymous Filed in Money

Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver.

Ayn Rand Filed in Money

A bank is a place that will lend you money if you can prove that you don't need it.

Bob Hope Filed in Humor

If you're thinking of debt, that's what you're going to attract.

Bob Proctor Filed in Debt

The first $100,000 is a bitch, but you gotta do it.

Charlie Munger Filed in Money

Everyday is a bank account, and time is our currency. No one is rich, no one is poor, we've got 24 hours each.

Christopher Rice Filed in Money

Money does not buy you happiness, but lack of money certainly buys you misery.

Daniel Kahneman Filed in Money

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