Every Once In A While, The Market

There's Accountability In The Mutual Fund Industry. And They've Been Tremendous Engines Of Wealth For People And They're Going To Continue To Be So.

The Mutual Fund Industry Provided The Money For Intel And Motorola And Hewlett-packard To Crush The Competitors.

Oligopoly, Plutocracy, Kleptocracy: All Things That Are Good For A Shareholder.

You Have A Class Of Investors And You Have A Class Of Speculators. The Speculators Historically Haven't Been Big Enough To Cause The Investors To Doubt The Long-term Vision Of Stock.

I Mean It's The Most Objective Industry In The World. If Your Numbers Stink, You're Out. If Your Numbers Are Good, You Get More Money. It's The Most Darwinian, It's Beautiful, It's Brutal, It Works.