I'm making a case against how money managers are handling customers' money. The objective of the customer is not being met if the fund managers are diversifying their assets into hundreds of businesses. If they do this, they are typically performing close to the indexes. But that's not the way wealth is created.
Michael Lee-ChinRelated topics
assets case close making met money objective way wealthRelated quotes
I am surprised at all the people in the high-tech industry focused on "making money"... If that's all they want to do, they should have a $100 printing press in their basements and they will truly "make money." Instead, if we focus all that energy on innovation, we'll change the world for the best.
Philippe Kahn
I started to understand that for me, art was no longer about self-expression but about creative engagement with the world. I started to respond in an excited way to making work inside an industry and not feeling the constraints of audience expectation as some kind of thing that I should avoid.
Ayad Akhtar
The chief requisite for the making of a good chicken pie is chicken; no amount of culinary legerdemain can make up for the lack of chicken. In the same way, the chief requisite for the history of science is intimate scientific knowledge; no amount of philosophic legerdemain can make up for its absence.
George Sarton
I had to weave and play around with a honey bear, you know, and I could wrestle with him a little bit, but there's no way you can even wrestle a honey bear, let alone a grizzly bear that's standing ten feet to eleven feet tall! Can you imagine? But it was fascinating to work that close to that kind of animal.
Leslie Nielsen