Sheldon Jacobs Quotes (16 Quotes)

(They) are going to make big inroads.

Nobody who's following (Steadman) even with cursory diligence would have stayed with the funds, ... No-Load Fund Investor.

There are plenty of funds that have between 25 and 33 percent of their assets in techs. Most people would be better off with that kind of aggressive growth fund,

Nobody is going to be perfect. I would not a sell a fund with a good record just because it missed a hot sector.

If you have a long-term horizon, ... you can ride out any bear market and invest in standard growth funds.

The people that are still in (the Steadman funds) just are totally unaware. They are not following their investments, and that's the first rule of investing -- to follow it.

Over the long run, they go up as far as growth stocks or growth funds, but they tend to do it with a little smoother ride, you don't have quite the same dips and valleys with the value.

The object is to look good.

A young person who doesn't need the money for years and years can be quite aggressive. If they're saving for a house they should probably be more conservative.

It's a conservative portfolio with a low correlation to the market, ... It isn't affected by market fluctuations. It's good for older people who can't afford to take risk, and it's good for people of any age who just can't take risk.

Funds have been reporting big losses, so most investors won't have to worry about paying taxes on capital gains.

What we went through is a classic bubble. I don't think 2001 is going to be a fantastic year.

I think we'd be very fortunate in 2001 to get returns of 10 percent. Double-digit returns are a thing of the past.

If you want to spread your money around different fund groups this is a convenient way to do it. And if you want to move money from one fund into another, it's just one phone call.

You may have missed the whole rally, but investors don't know you bought it three days before.

If you're in your 20s, then you can be pretty aggressive, ... But if you're in the stage of life where you don't have many earning years left, there's a lot to commend in this portfolio.