When you have this tremendous bull market, funds do seem boring, ... A lot of people have discovered Internet trading, and mutual funds don't give you the thrill of seeing your stock go up 50 percent.
More Quotes from Russ Kinnel:
Internet technology changes so fast.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
Because bank stocks are more of a value stock, managers won't care that they're going up for a week or two. It's more important for them that after taking a breather, valuations look more attractive.
Russ Kinnel
Hang tough. If you're new to investing, and you thought there was a free lunch out there, it's time to sober up. Maybe you thought Internet funds did nothing but go up.
Russ Kinnel
He made investing make sense, ... His books are as good a read as you can find on investing.
Russ Kinnel
A lot of managers will use Street research to make sure they didn't miss anything. But fund managers have learned to tune out most of Wall Street research anyway because it's so biased.
Russ Kinnel
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