Expense Management Quotes & Sayings

Don't entertain others at the expense of your reputation. — Bohdi Sanders

Active management is a zero-sum game before cost, and the winners have to win at the expense of the losers. — Eugene Fama

Economy denotes the the proper management of materials and of site, as well as a thrifty balancing of cost and common sense in the construction of works ... the architect does not demand things which cannot be found or made ready without great expense. For example: it is not everywhere that there is plenty of pitsand, rubble, fir, clear fir, and marble ... Where there is no pitsand, we must use the kinds washed up by rivers or by the sea ... and other problems we must solve in similar ways. — Marcus Vitruvius Pollio

The Bible says we're to be moderate in all things. It's good to help others but not at the expense of your own family. — Lori Copeland

Index funds have regularly produced rates of return exceeding those of active managers by close to 2 percentage points. Active management as a whole cannot achieve gross returns exceeding the market as a while and therefore they must, on average, underperform the indexes by the amount of these expense and transaction costs disadvantages. — Burton Malkiel