Money Manager Quotes

“Money managers tend to make irrational decisions just to protect their calendar year performances, even if they believe that decision is not in the best interest of investors.”
― Naved Abdali

“Individual investors have significant advantages over professional money managers. Retail investors, like you and I, have nobody to report. We have no benchmark to beat and have no fear of capital flight. There are no quarter and year ends, and performance is not linked to calendars.”
― Naved Abdali

“Capital withdrawals by investors can torpedo investment strategies of money managers at the worst possible time.”
― Naved Abdali

“Professional money managers are worried about their annual results and may take irrational decisions to protect their performance record. Individual investors have
nobody to report, and yearly performance does not mean anything to them.”
― Naved Abdali

“The advantage of the information-bias in favor of professional money-managers and large investors is almost irrelevant for a long-term investor.”
― Naved Abdali