Russ Kinnel Quotations

great news if you're investing 10 or 20 years out.

He made investing make sense, ... His books are as good a read as you can find on investing.

Hang tough. If you're new to investing, and you thought there was a free lunch out there, it's time to sober up. Maybe you thought Internet funds did nothing but go up.

Over the last 10 or 15 years, commission costs on stock trading have come down a lot more than the costs of funds,

Most fund company executives are very careful about what they say, ... Everybody could use a Jack Bogle.

Merrill's record looks better than it is when you consider the bad funds they've merged away. They swept quite a bit under the rug.

You just can't jump back into the market with $15 billion when it rallies.

Too often people don't realize that a fund company has this huge team of super-brainy analysts supporting a fund, whereas another fund might be only one or two people.

When you have this tremendous bull market, funds do seem boring, ... A lot of people have discovered Internet trading, and mutual funds don't give you the thrill of seeing your stock go up 50 percent.

The good news is that growth funds that are down this year, if you've been in them for 18 months or more, you've still made tremendous returns,

Anyone can make money in a rally, but skilled managers steer clear of the worst damage and make it easier for investors to stick around,

A year ago, it would have been a good time to bail out but now they seem to be making some improvements, ... In cases like this where there is potential for a turnaround it's a tougher call.

You really shouldn't use the free toaster to drive where you're investing your retirement money.

You really should find other ways to distinguish yourself.

You need a large sum for it to work for you,

This is a fairly attractive time to invest.

They may not all walk away best friends, It's in everyone's interest to reach a deal.

This is way out on the extreme edge of risk.

It was a tough quarter, but a lot of funds are still up for the year. A little sobriety never hurts.

For every Warren Buffett who turned $100,000 into $1 million, there are probably 10,000 people who turned $100,000 into zero,

It's good news for investors. I think investors can benefit from more information.

It wasn't a nice thing to say or completely accurate ... It was bad form,

Any time you have a super-narrow universe and rationalize other stuff that's out there, it's a sure sign it's a gimmick fund.

In general, the fund industry can do better.

If you have a basketball team with seven great players, and one leaves ... the overall team is worse

I don't see any area that's terribly safe. Everyone's going to have a bad day.

He really did things differently, ... And it worked well for investors and the company.

All of these funds you could own for 10 or 20 years. With all of them, I have a fair amount of confidence that things will go well for a long time.