“If it's a guru-driven fund, with a great stock picker - like if David Alger stopped running the Alger Fund -- we would expect the unknown. Whenever there is a manager change, most of the time you don't know what the hell you're going to get.”
“The biggest mistake is putting it off. If people can get in the mode of saving 10 to 15 percent of their income when they're young, they'll be financially well off later on in life.”