Mutual funds can make you rich very slowly, ... They're not going to make you get rich quick. The way to get rich fast is to take enormous risks.
More Quotes from Russ Kinnel:
He'll still have a big impact and a lot of influence, ... Brennan is not the outspoken zealot that Jack Bogle is. People want Jack to stay at Vanguard because he calls it like he sees it.Russ Kinnel
Both have provided tremendous performance. It's good to see both of them doing so well. It's an indication the fund industry is doing well for shareholders.
Russ Kinnel
It's a very tame approach to growth, but in a way I kind of like that. A lot of funds got carried away with 60 percent, 70 percent in technology. This fund won't throw you.
Russ Kinnel
You're using research that a lot of other people have seen.
Russ Kinnel
Look in a category, any category, and if you saw a fund doing really well, or really poorly, nine times out of 10 the explanation, the answer, was energy. This year it was all about energy.
Russ Kinnel
If you're leaving a fund company, then it's in the works for a little while, ... The fund's returns are still enormous.
Russ Kinnel
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