Ron Chernow: 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.

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


		Name: Ron Chernow Type: Author Nationality: American Birth: 1949

https://www.nutquote.com/quote/Ron_Chernow