There's accountability in the mutual fund industry. And they've been tremendous engines of wealth for people and they're going to continue to be so.

The mutual fund industry provided the money for Intel and Motorola and Hewlett-Packard to crush the competitors.

I think you'll do as well as most professionals. Most professionals don't beat the market. Let's not over-rate my industry. But if you have time, you can be in good mutual funds that have good records.

It's the company itself, but most of these mutual fund companies, the guy who runs the company is just a fact totem and the guy who runs the money is the power. But we really don't know who they are.

The corporate killer downsizing is directly responsive to what the mutual funds have wanted.

There are tons of people who are late to trends by nature and adopt a trend after it's no longer in fashion. They exist in mutual funds. They exist in clothes. They exist in cars. They exist in lifestyles.