Fund Quotes & Sayings

Being the highly trained investment mogul that I am, I could certainly find places to put that money where it would earn more. Or would it? Remember, personal finance is personal. I have come to realize that Sharon's peace of mind bought with the oversized emergency fund is a great return on investment. Guys, this can be a wonderful gift to your wife. An Emergency Fund Can — Dave Ramsey

The whole concept of dividing it up into 'value' and 'growth' strikes me as twaddle. It's convenient for a bunch of pension fund consultants to get fees prattling about and a way for one advisor to distinguish himself from another. But, to me, all intelligent investing is value investing. — Charlie Munger

The absence of models, in literature as in life, to say nothing of painting, is an occupational hazard for the artist, simply because models in art, in behavior, in growth of spirit and intellect
even if rejected
enrich and enlarge one's view of existence. Deadlier still, to the artist who lacks models, is the curse of ridicule, the bringing to bear on an artist's best work, especially his or her most original, most strikingly deviant, only a fund of ignorance and the presumption that as an artist's critic one's judgement is free of the restrictions imposed by prejudice, and is well informed, indeed, about all the art in the world that really matters. — Alice Walker

I never understand why 'economist makes forecast' is ever a headline. Whether the economist in question is from the International Monetary Fund, a City forecasting group or the Treasury - a forecast is still not news. — Tim Harford

I'll show up at every classroom open house and teacher conference,' she said, now in a voice that was almost frightening in its intensity. 'I'll bake brownies. My child will have new clothes. Her shoes will fit. She'll get her shots, and she'll get her braces. We'll start a college fund next week. I'll tell her I love her every damn day.'
If that wasn't a great plan for being a good mother, I couldn't imagine what a better one could be. — Charlaine Harris

I put together an iPhone app called TrimIt and released that in July 2011. About a month later, the private fund of the Hong Kong billionaire Li-Kashing cold emailed me and expressed an interest to invest, but they didn't realize I was 15. They thought it was a U.K. company with a team. — Nick D'Aloisio

The typical fund company services 401k plan participants in the same way that Baby Face Nelson serviced banks. — William J. Bernstein

Still, I figure we shouldn't' discourage fans of actively managed funds. With all their buying and selling, active investors ensure the market is reasonably efficient. That makes it possible for the rest of us to do the sensible thing, which is to index. Want to join me in this parasitic behavior? To build a well-diversified portfolio, you might stash 70 percent of your stock portfolio into a Wilshire 5000-index fund and the remaining 30 percent in an international-index fund. — Paul Samuelson

In return for the service and to cover the annual cost for fund management and other expenses, the mutual fund levies fund management charges (FMC). The FMC levied varies across schemes from around 0.75% to 2.50% (the — Vinod Pottayil

Experience conclusively shows that index-fund buyers are likely to obtain results exceeding those of the typical fund manager, whose large advisory fees and substantial portfolio turnover tend to reduce investment yields. Many people will find the guarantee of playing the stock-market game at par every round a very attractive one. The index fund is a sensible, serviceable method for obtaining the market's rate of return with absolutely no effort and minimal expense. — Burton Malkiel

As both developed and developing nations search for alternative sources of energy in response to the growing energy crisis, we at Acumen Fund believe that investing in entrepreneurs who provide innovative energy solutions is an increasingly critical part of the solution. — Jacqueline Novogratz

This was my world: a world of truly irrational behavior. We spend our way into the poorhouse. We buy giant TVs and iPads. Our children wear nice clothes thanks to high-interest credit cards and payday loans. We purchase homes we don't need, refinance them for more spending money, and declare bankruptcy, often leaving them full of garbage in our wake. Thrift is inimical to our being. We spend to pretend that we're upper class. And when the dust clears - when bankruptcy hits or a family member bails us out of our stupidity - there's nothing left over. Nothing for the kids' college tuition, no investment to grow our wealth, no rainy-day fund if someone loses her job. We know we shouldn't spend like this. Sometimes we beat ourselves up over it, but we do it anyway. — J.D. Vance

Thiel rejects the small-mindedness of most of the Valley's entrepreneurialism. The motto of Founders Fund is: "We wanted flying cars, instead we got 140 characters." But — Richard Byrne Reilly

Never, ever deal with terrorists. Hunt them down and, more important, mercilessly punish those states and groups that fund, arm, support, or simply allow their territories to be used by the terrorists with impunity. — Meir Kahane

And I've said this all across the country when I talk to parents about education, government has to fulfill its obligations to fund education, but parents have to do their job too. We've got to turn off the TV set, we've got to put away the video game, and we have to tell our children that education is not a passive activity, you have to be actively engaged in it. If we encourage that attitude and our community is enforcing it, I have no doubt we can compete with anybody in the world. — Barack Obama

My position is that I am personally opposed to abortion, but I don't think I have a right to impose my view on the rest of society. I've thought a lot about it, and my position probably doesn't please anyone. I think the government should stay out completely. I will not vote to overturn the Court's decision. I will not vote to curtail a woman's right to choose abortion. But I will also not vote to use federal funds to fund abortion. — Joe Biden

For Jefferson, there was one step crucial to creating a genuine natural aristocracy. The poor and rich had to have equal access to a good education. That's why, despite being soemthing of a liberatarian, he repeatedly proposed that the state pay for universal primary education as well as fund education at later stages. He was met with opposition from many quarters, mostly those wary of big government or highter taxes. Yet interestingly, one of this most ardent supporters was an old friend and political opponent, the conservative John Adams. "The whole people must take upon themselves the education of the whole people, and must be willing to bear the expenses of it," Adams wrote. "There should not be a district of one mile square, without a school in it, not founded by a charitable individual, but maintained at the public expense of the people. — Fareed Zakaria

When my trust fund ran out, I panicked. I have a lot of admiration for the kids who come to the big city with nothing and make it. — James St. James

If you're looking for good Mexican food in Vegas, you go to the Arts District. Jonesing for stupidly overpriced jeans or a rhine- stone T-shirt? The Fashion Show Mall has you covered. How about some quiet contemplation over that lost trust fund? Lake Mead's your man. Maybe getting stabbed, shot, or beaten to death is your thing, so head on up to North Vegas. But, if you're looking for a snapshot of city history, a reasonably affordable libation, and the rare sensation of getting squeezed through a kaleidoscope's poop chute, then you can't beat Fremont. — Daniel Younger

I really took the lead on putting together the real estate fund-to-funds. Real estate was always interesting to me. — Joe Montana

Here's what income and wealth inequality is about. Last year, the top 25 hedge fund managers made more than 24 billion, enough to pay the salaries of 425,000 public school teachers. This level of inequality is neither moral or sustainable — Bernie Sanders

99% of fund managers demonstrate no evidence of skill whatsoever. — William J. Bernstein

Science is a capital or fund perpetually reinvested; it accumulates, rolls up, is carried forward by every new man. Every man of science has all the science before him to go upon, to set himself up in business with. What an enormous sum Darwin availed himself of and reinvested! Not so in literature; to every poet, to every artist, it is still the first day of creation, so far as the essentials of his task are concerned. Literature is not so much a fund to be reinvested as it is a crop to be ever new-grown. — John Burroughs

After years spent trying to deal with the effects of COINTELPRO, my rage at the FBI's almost unimaginable evil remains undiminished because I believe that it succeeded in many of its horrifying goals, given the deaths of Martin King, Malcolm X, and other sixties leaders. Since the FBI uses taxpayer dollars to fund its extreme and ridiculous investigations of anyone who expresses dissenting opinions, even resorting to crime - including theft, encouragement to murder, subornation of perjury, and manipulation of the judicial process - to achieve its ends, I have always advocated its disbanding. — William Kunstler

Most of the mutual fund investments I have are index funds, approximately 75%. — Charles R. Schwab

I like to take people you wouldn't really think people would write novels about: an aqueduct engineer, a code-breaker, a hedge-fund manager. It's in those sorts of lives that I find more fascination than in a CIA operative or a Marine or something like that. — Robert Harris

We can't afford not to fully fund education. — John Perez

I have a slightly bourgeois upbringing, I guess. My parents paid for me to go to school, which is nice, but I haven't gotten a dime since then. I have no trust fund. I wish I did. — Dean Wareham

We like to say the Internet is the ultimate library. But libraries are libraries because people come together and fund them through taxes. Libraries actually exist, all over the country, so why is it such a reach to imagine and to someday build a public institution that has a digital aspect to it? Of course the problem is that libraries and other public services are being defunded and are under attack, so there's a bigger progressive struggle this plays into. — Astra Taylor

The President's call for more math and science students is not being heeded by his party's leaders in Congress. They are cutting over $10 billion from student aide while refusing to fully fund No Child Left Behind. Something doesn't add up. — Jim Clyburn

We pretty much won't fund a company now where the founders don't have vested equity because it's just that hard to do. — Sam Altman

I'm always keeping an eye on the court. Also, when the members of Congress came to his office during the budget debacle of a year and a half back and said, "We want to de-fund Planned Parenthood," he said, "Not going to happen." Those apparently were more or less his exact words. — Anna Quindlen

The simple index fund solution has been adopted as a cornerstone of investment strategy for many of the nation's pension plans operated by our giant corporations and state and local governments. Indexing is also the predominant strategy for the largest of them all, the retirement plan for federal government employees, the Federal Thrift Savings Plan (TSP). The plan has been a remarkable success, and now holds some $173 billion of assets for the benefit of our public servants and members of armed services. — David F. Swensen

It is time for the general fund to pay the Social Security fund back. — Jacob Lew

Well, it's taken a long time to get the Department of Homeland Security established. It's taken a long time for the Congress to decide how much it wanted to fund. — Warren Rudman

Hipsters seek refuge in church, Our Lady of Perpetual Subculture. There is some discussion as to whether or not they are still cool but then they are calmed by the obscure location and the arrival of their kind. Keep the address to yourself, let the rabble fund it themselves. Wow, this crappy performance art is really making me feel no so terrible about my various emotional issues. — Colson Whitehead

In 2009 I was sitting about thirty feet away from Barack Obama at the launch of Desoto Solar as he announced massive funding for the "Smart Grid". I had no idea that I would later become a victim of the "Smart Grid". Yes, they knew in 2009 that these devices were harming people and continued to fund the program. — Steven Magee

change, had been a featured guest at a fund-raiser that David Koch hosted for about seventy of the — Jane Mayer

I'm not into animal rights. I'm only into animal welfare and health. I've been with the Morris Animal Foundation since the '70s. We're a health organization. We fund campaign health studies for dogs, cats, lizards and wildlife. I've worked with the L.A. Zoo for about the same length of time. I get my animal fixes! — Betty White

I am proud of my heritage and have happily taken advantage of every opportunity to educate my teammates and Steeler Nation about American Samoa, both as a player and in the community, through the Troy and Theodora Polamalu Foundation Fund of The Pittsburgh Foundation. — Troy Polamalu

significance), 600,000 known archaeological sites (and more being found every day; more being lost, too), 3,500 historic cemeteries, 70,000 war memorials, 4,000 sites of special scientific interest, 18,500 medieval churches, and 2,500 museums containing 170 million objects. Having such a fund of richness means that it can sometimes be taken for granted to a shocking degree, but — Bill Bryson

An independent Scotland could afford pensions full stop - after all, it is our taxes and national insurance contributions that fund them now. — Nicola Sturgeon

Lady Harborough ... was on the platform, making a short speech in which she described the valuable work her hospital fund was doing. It seemed to consist largely of rescuing unmarried mothers from poverty and subjecting them to slavery instead, with the additional disadvantage of being preached at daily by evangelical clergymen. — Philip Pullman

By simply refusing to fund a president's unconstitutional conduct, Congress can stop him dead in his tracks - even after the courts have abdicated their responsibilities to do so. — Mike Lee

Having a separate fund for the things in life that happen, helps keep the emergency fund in tact in case you lose your job or income. — Michelle Singletary

I SPENT EIGHT YEARS at Blessed Sacrament School, far more than half my life by the time the last bell of eighth grade rang. Ted Shaw, a high school friend who later became the legal director of the NAACP Legal Defense and Educational Fund, describes Catholic school as his salvation and damnation: it shaped his future and terrified his heart. I identify with this depiction. The Sisters of Charity helped to shape who I am, but there was much that I wouldn't be sad to leave behind. — Sonia Sotomayor

Asset-heavy businesses generally earn low rates of return - rates that often barely provide enough capital to fund the inflationary needs of the existing business, with nothing left over for real growth, for distribution to owners, or for acquisition of new businesses — Warren Buffett

I have no regrets - in fact, I am pleased to have expelled the US ambassador, the Drug Enforcement Administration (DEA) and to have closed the US military base in Bolivia. Now, without a US ambassador, there is less conspiracy, and more political stability and social stability. Without the International Monetary Fund, we are better off economically. — Evo Morales

A good financial planner is going to do more than pick your funds. — Dave Ramsey

While fund performance is unpredictable, the impact of fees is not, .. A 1- percent annual fee will reduce an ending account balance by 17 percent after 20 years. — Arthur Levitt Jr

Differences must be not merely tolerated, but seen as a fund of necessary polarities between which our creativity can spark like a dialectic. — Audre Lorde

I have always felt that many Christians, deeply sincere Christians, support the idea of separation of State and Church and the secularist in that sense as well. They believe that religion should be very much a private affair and should not be given special treatment. The State should not fund churches for example. — Ibn Warraq

The S&P is up 343.8 percent for 10 years. That is a four-bagger. The general equity funds are up 283 percent. So it's getting worse, the deterioration by professionals is getting worse. The public would be better off in an index fund. — Peter Lynch

Possibly you are not aware of the fact that the largest sum given by any contributor to the fund is but a trifle when compared with the losses suffered by nearly all the firms in the cotton trade during the disastrous years of the American war. — John Bright

To mark the 10-year anniversary of 9/11, I wanted to launch an FDNY shirt that pays tribute to the brave first responders who, like my father, risk their lives in the line of duty on a regular basis. All of the proceeds raised from the sale of the T-shirt benefit the New York Police & Fire Widows' & Children's Benefit Fund. — Mark Sanchez

The mutual fund industry provided the money for Intel and Motorola and Hewlett-Packard to crush the competitors. — Jim Cramer

Pundits, opponents, and disillusioned supporters would blame Obama for squandering the promise of his administration. Certainly he and his administration made their share of mistakes. But it is hard to think of another president who had to face the kind of guerrilla warfare waged against him almost as soon as he took office. A small number of people with massive resources orchestrated, manipulated, and exploited the economic unrest for their own purposes. They used tax-deductible donations to fund a movement to slash taxes on the rich and cut regulations on their own businesses. While they paid focus groups and seasoned operatives to frame these self-serving policies as matters of dire public interest, they hid their roles behind laws meant to protect the anonymity of philanthropists, leaving more folksy figures like Santelli to carry the message. — Jane Mayer

In America, we have subsidized private jets, big banks and hedge fund managers. Wouldn't it make more sense to subsidize kids? — Nicholas Kristof

The Fed is the greatest hedge fund in history. — Warren Buffett

If you can't invent the future, the next best thing is to fund it. — John Doerr

I think it's inconsistent to tell the American people that you oppose the war and, yet, you continue to vote to fund the war. Because every time you vote to fund the war, you're reauthorizing the war all over again. — Dennis Kucinich

Money actually becomes even more difficult than other things because it's very hard to imagine what the benefits are to saving. So, imagine that you see a new bicycle, a new pair of shoes, or something today. You know exactly what you are giving up if you are not buying it, what are you gaining in the future if you are not getting it. So, you are giving up the bicycle today, what is it in the future? What will happen if you send another $1,000 to your retirement fund? What difference will it make? It is very, very hard to figure out. — Dan Ariely

I've always said - I've been making games for twenty years, and from the first day I got in this business, I've been saying, 'All I have to do is sell one more copy than I have to, to get somebody to fund my next one.' — Warren Spector

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

We started getting the script to different people and we were in the business of trying to fund it so we could get it off and running, and all the characters and sets designed and everything. — Don Bluth

Acumen Fund is my prayer in response to genocide and what happened in Rwanda. — Jacqueline Novogratz

He who smiles in a crisis; has fund someone to blame. — Anonymous

The RNC was run so badly you could walk through their deepest competence and not get your ankles wet. — John Fund

A hedge fund manager whose clients demand monthly performance reports has different needs than any individual investors with a 20-year time horizon. The needs of that long-term investor differ markedly from someone who is retiring in three years. — Barry Ritholtz

We are trying to make up these other elements by gaining cost efficiencies through our reengineering process and through overt fund-raising activities to better support graduate education. — Charles Vest

Monday ushers in a particularly impressive clientele of red-eyed people properly pressed into dry-cleaned suits in neutral tones. They leave their equally well-buttoned children idling in SUVs while dashing to grab double-Americanos and foamy sweet lattes, before click-clacking hasty escapes in ass-sculpting heels and polished loafers with bowl-shaped haircuts that age every face to 40. My imagination speed evolves their unfortunate offspring from car seat-strapped oxygen-starved fast-blooming locusts, to the knuckle-drag harried downtown troglodytes they'll inevitably become. One by one I capture their flat-formed heads between index finger and thumb for a little crush-crush-crushing, ever aware that if I'm lucky one day their charitable contributions will fund my frown-faced found art project to baffle someone's hallway. — Amanda Sledz

The most common post YC failure case for the companies we fund, is they're incredibly focussed during YC on their company ... and after they start doing a lot of other things. They advise companies, they go to conferences, whatever. — Sam Altman

It's all about the fungibility and money. If Planned Parenthood accesses hundreds of millions of dollars of taxpayer money and they use that for other purposes, then they can use other dollars to fund abortion. — Eric Cantor

The surest way to find an actively managed fund that will have top-quartile returns is to look for a fund that has bottom-quartile expenses. — Burton Malkiel

The time will come, and probably during 2009, that the only way the U.S. will be able to fund its deficits is to create money by printing it. The Treasury will have to sell bonds, and, in the absence of foreign buyers, the Fed will have to print the money to buy them. The consequence will be runaway inflation, increasing interest rates, recession, and inevitable tax increases on all Americans. — Doug Casey

As an independent artist, you're always figuring out how you're going to fund your next album. — Tess Henley

Having an immense reserve fund of wrath to get rid of, and not knowing what to do with it, he continued to address his daughter as you instead of thou for the next three months. — Victor Hugo

Every conquering temptation represents a new fund of moral energy. Every trial endured and weathered in the right spirit makes a soul nobler and stronger than it was before. — William Butler Yeats

Most active mutual funds are more interested in collecting fees than in boosting returns for investors. — David F. Swensen

The key is this: the main benefit of giving is in its effect on the giver. Yes, people in Africa and India need my financial help, as the fund-raising appeals urgently remind me. But in truth my need to give is every bit as desperate as their need to receive. — Philip Yancey

The International Monetary Fund basically acted as the world's debt enforcers - "You might say, the high-finance equivalent of the guys who come to break your legs." I launched into historical background, explaining how, during the '70s oil crisis, OPEC countries ended up pouring so much of their newfound riches into Western banks that the banks couldn't figure out where to invest the money; how Citibank and Chase therefore began sending agents around the world trying to convince Third World dictators and politicians to take out loans (at the time, this was called "go-go banking"); how they started out at extremely low rates of interest that almost immediately skyrocketed to 20 percent or so due to tight U.S. money policies in the early '80s; how, during the '80s and '90s, this led to the Third World debt crisis; how the IMF then stepped in to insist that, in order to obtain refinancing, poor countries would be obliged to abandon price supports on — David Graeber

A championship contender in the early twentieth century needed charisma and a knack for cultivating sponsorship, and Rubinstein was the epitome of the shy and unsocial chess player. Now matter how great his chess skills, he lacked the people skills to be a self-promoter and fund-raiser. — Garry Kasparov

With a regular venture fund, you raise, let's say, a billion dollars, and then over the next three or four years, you've got to invest that money; otherwise, the people who invested with you will say, 'What are you doing? You're just collecting fees on our money.' — Bill Maris

Much of the DOE green energy lending program is a scam. It is a slush fund of pork for paying back campaign contributors. — Dick Morris

But what will happen, and I got this from reliable sources, is that the International Monetary Fund will skedaddle from D.C., possibly to Singapore or Beijing, and then they're going to make an IMF recovery plan for America, divide the country into concessions, and hand them over to the sovereign wealth funds. Norway, China, Saudi Arabia, all that jazz. — Gary Shteyngart

While it is clear that we need to make some adjustments to protect Social Security for the long term, it is disingenuous to say that the trust fund is facing a crisis. — Carl Levin

The fact that we're going through a crisis is an opportunity for Europe to be more coordinated and more integrated. We're actually talking about a European Monetary Fund or euro bonds, about guarantees for countries, about economic governance in the European Union. That shows the strength of Europe. — George Papandreou

To be born a Southern woman is to be made aware of your distinctiveness. And with it, the rules. The expectations. These vary some, but all follow the same basic template, which is, fundamentally, no matter what the circumstance, Southern women make the effort. Which is why even the girls in the trailer parks paint their nails. And why overstressed working moms still bake three dozen homemade cookies for the school fund-raiser. And why you will never see Reese Witherspoon wearing sweatpants. Or Oprah take a nap. — Allison Glock

Insider trading by hedge funds has a long and distinguished history, dating to the days when people didn't know that there was such a thing as a hedge fund. — Gary Weiss

Mutual fund manager performance does not persist and the return of stock picking is zero. — William J. Bernstein

The principal role of the mutual fund is to serve its investors. — John C. Bogle

In Egypt the neoliberal programs have meant statistical growth, like right before the Arab Spring, Egypt was a kind of poster child for the World Bank and the IMF [International Monetary Fund:] the marvelous economic management and great reform. The only problem was for most of the population it was a kind of like a blow in the solar plexus: wages going down, benefits being eliminated, subsidized food gone and meanwhile, high concentration of wealth and a huge amount of corruption. — Noam Chomsky

The World Wildlife Fund estimated in 1994 that the number of sharks killed each year was between 40 million and 70 million. As — Bill Bryson

I'm making a case against how money managers are handling customers' money. The objective of the customer is not being met if the fund managers are diversifying their assets into hundreds of businesses. If they do this, they are typically performing close to the indexes. But that's not the way wealth is created. — Michael Lee-Chin

It's obsequious little nicety-nice girls like me who allow assholes to run the world: Miss Harlot O'Harlots, billionaire phony tree huggers, hypocrite drug-snorting, weed-puffing peace activists who fund the mass-murdering drug cartels and perpetuate crushing poverty in dirt-poor banana republics. It's my petty fear of personal rejection that allows so many true evils to exist. My cowardice enables atrocities. — Chuck Palahniuk

The capital ... shall form a fund, the interest of which shall be distributed annually as prizes to those persons who shall have rendered humanity the best services during the past year ... One-fifth to the person having made the most important discovery or invention in the science of physics, one-fifth to the person who has made the most eminent discovery or improvement in chemistry, one-fifth to the one having made the most important discovery with regard to physiology or medicine, one-fifth to the person who has produced the most distinguished idealistic work of literature, and one-fifth to the person who has worked the most or best for advancing the fraternization of all nations and for abolishing or diminishing the standing armies as well as for the forming or propagation of committees of peace. — Alfred Nobel

There was a Dana Phelps with a son named Brandon, but they didn't live on the Upper East Side of Manhattan. The Phelpses resided in a rather tony section of Greenwich, Connecticut. Brandon's father had been a big-time hedge fund manager. Beaucoup bucks. He died when he was forty-one. The obituary gave no cause of death. Kat looked for a charity - people often requested donations made to a heart disease or cancer or whatever cause - but there was nothing listed. — Harlan Coben

It's traditionally not federal policy to fund state and local salaries. It's done sometimes on a temporary basis or a grant basis. But it's not often done. And the reason is clear, because the federal government can't continue in perpetuity these programs. — Jim Talent

I'll buy Chiquita bananas with your smoking-fund money cos this monkey is our future. All hail the monkey! — Jonathan Dunne

Today we are united, strong and on the move. Today we have a strong strike fund. Today we have the resources to run large-scale organizing campaigns against global employers. Today we have $100 million in the bank. — James P. Hoffa