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Letter "D" » Don Phillips Quotes
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«In either case, you're talking about a very low-cost investment, which should be very attractive.»
Author: Don Phillips
«You can buy a lot of closed-end funds at big discounts, or perhaps buy their (open-end) counterparts, but make sure you buy those areas like international stocks that have been out of favor with investors of late,»
Author: Don Phillips
«You want to start a discipline. Get with the program. See what it's like to be in the investment markets.»
Author: Don Phillips
«If your goal is to restrict the asset growth of Magellan to keep it a smaller and more nimble fund, this isn't going to do it.»
Author: Don Phillips
«We want to make sure we've got the managerial depth to drive the company forward,»
Author: Don Phillips
«The fund industry needs heroes. You need star managers to generate interest.»
Author: Don Phillips
«The problem is the overall league suffers if you don't have stars,»
Author: Don Phillips
«There's a real feeling of recognition that there's an education that has to go on with investors.»
Author: Don Phillips
«Way too much is made of the slowdown of money into funds in December, ... For the last several years, there have been countless articles telling investors 'Don't buy a fund in late November or early December' because you might be buying just before it pays its dividend and then you'll have to pay taxes on the dividend next April? Investors are doing what's rational and right.»
Author: Don Phillips
«Joe's decision ... is a great boon for our business. Frankly, it made little sense to me that he left in the first place,»
Author: Don Phillips
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