Burton Greenwald Quotes (5 Quotes)

When the market is going up, people don't assume risk. You have to realize the type of investments that appreciate in excess can be just as volatile on the downside.

You had dozens of mutual funds with triple-digit returns in 1999, and that catapulted some managers into the stratosphere. But their egos and their ability didn't correlate that greatly.

That shouldn't be a driving reason to invest in a new fund. It's appealing, but only after making your decision.

You are going to see a flood of deals from insurance companies and banks that started proprietary fund families and have been unable to successfully distribute them through their captive sales organizations.

On a broader scale, it underscores the importance of asset management being the primary business of a firm rather than just one sector.