Mark Constant Quotes (4 Quotes)

Mutual funds continue to be the most cost-effective means of investing.

I don't think there's any major brokerage operating at 100 percent efficiency. It's just that Merrill has a little more room to scale back than some of the other firms, but I view that as an opportunity.

If the Europeans do buy, it won't be now. A lot of the time they prefer to wait until the coast is clear instead of bottom tick the market.

I've always thought that Merrill had a lot of fat to trim. This is a fulfillment of those promises they made.