Burton Greenwald Returns Quotations

You really must look at your entire portfolio and not look just at the past quarter or even the last year. Extraordinary expectations have been built into fund performance for almost six years now. You've witnessed returns of 20 percent or more in most stock equity funds, but in some cases they're just not sustainable.

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.