Reuben Brewer Quotes (10 Quotes)

It (diversification) is not a bunch of hooey, ... Are you going to be able to sleep at night if you lose half your portfolio

One would hope that analysis would play a huge role in a manager's decision, ... But to what extent they use an analyst would be specific to the managers.

It's a tough tradeoff between infringing on the individual manager and protecting the rights of investors, ... Managers have a right to trade. If you take away that right, they're going to quit.

I think the most salient issue right now (in the industry) is how to make a buck.

For individual investors, the moral of the story is diversification. The top three funds are income funds. That says something. These are staid companies, with some bonds.

Yes, advisers are there to do well for you, but if they can make a buck off of you they're going to.

Look at it. Make sure it's the one you want.

For the individual investor, it's going to require a lot more scrutiny. Just because it's a brand new fund doesn't mean you have to buy it. Just because a sector is hot doesn't mean you have to invest in it.

No matter how many times you yell at people, they're always going to follow what's doing well at the moment, ... Does it mean that investors will go for those really hot tech funds Yes. Does this mean death to index funds No. Indexing is still a very valid strategy. Over time, most managers don't beat the index.

It's important to understand what the manager is doing. You should believe in what he's doing. All (investing) styles have dry periods.