13 Quotes by Burton Greenwald

You really must look at your entire portfolio and not look just at the past quarter or even the last year. Extraordinary expectations have been built into fund performance for almost six years now. You've witnessed returns of 20 percent or more in most stock equity funds, but in some cases they're just not sustainable.

This is an ego-driven business. They (the managers) say they created this record, they look at all the money they made, and they go out on their own. It's a trend across the industry.

It's a flight to quality. Investors as well as advisers are seeking out large, blue-chip fund companies that appear to have weathered the storm successfully.

It's got to be constructive if the person managing the fund has a personal stake in it.