Stock Market Corrections, Although Painful At The

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.

The Mutual Fund Industry And Small Investors Are Very Relentless And Very Unforgiving If People Don't Perform.

A Lot Of The Money In The Stock Market Is Really Our National Retirement Plan, For Better Or Worse.

I Think Those Who Invest In Mutual Funds Want Someone Else To Do The Thinking For Them. But The Fact That They Can Move The Money Around The Family Of Mutual Funds Just Through A Phone Call Lets Them Feel That They Can Play Tycoons.

The Securities Laws Of The 1930s Were So Important Because It Forced Companies To File Registration Statements And Issue Prospectuses, And It Remedied The Imbalance Of Information.