John Bonnanzio Quotations

She certainly did a bang-up job on that fund, that's for sure.

The problem for Fidelity has been that this has been the golden goose.

Seeing $6.8 billion go out the door not only means their best revenue stream has been diminished, it also means they're losing market share to the competition.

That number is very important for Fidelity because eventually it will reach the eyes and ears of investors who will see that Fidelity is putting up strong numbers.

It's pretty clear that there are likely to be capacity problems as one gets north of $50 billion in assets.

If Fidelity decides to put its equity-fund managers in Timbuktu and they continue to deliver, the CEO of GE or whoever will continue to beat a path to Fidelity's door to make sure their story gets told.

Their better angels got on their shoulder and whispered in their ears.

Their largest and most prominent funds have not been attractive to investors, so the assets have not flowed their way.