Andrew Clark Quotes

You're entering into a world where you're paying for services. And often that will include a higher payment for managers as long as they perform well. On the no-load side, they're really trying to do everything as cheaply as they can. They have to compete on price.

- Andrew Clark

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They tend to hold investment grade paper, no junk, and they more often than not tend to have a fairly heavy exposure in the Treasury market which has no risk of default. - Andrew Clark