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Letter "J" » John Bonnanzio Quotes
«That number is very important for Fidelity because eventually it will reach the eyes and ears of investors who will see that Fidelity is putting up strong numbers.»
«Seeing $6.8 billion go out the door not only means their best revenue stream has been diminished, it also means they're losing market share to the competition.»
«Their largest and most prominent funds have not been attractive to investors, so the assets have not flowed their way.»
«She certainly did a bang-up job on that fund, that's for sure.»
«It's pretty clear that there are likely to be capacity problems as one gets north of $50 billion in assets.»
«The problem for Fidelity has been that this has been the golden goose.»
«Their better angels got on their shoulder and whispered in their ears.»
«If Fidelity decides to put its equity-fund managers in Timbuktu and they continue to deliver, the CEO of GE or whoever will continue to beat a path to Fidelity's door to make sure their story gets told.»