Great words of wisdom from Jamie Dimon.
Dimon: “We Have The Royal Straight Flush”
May 10, 2012
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Markets, Thought Process | 
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Posted by Andy Hyer
Quote of the Week
May 10, 2012Looking at portfolios, think deeply about process over outcome. If you do something the right way enough times, you’ll win.—-Dan Loeb, founder of Third Point hedge fund
In a nutshell, this is the entire reason for a systematic process. Yes, I know we’ve featured this quote before, but it’s just so darn good.
Source: Business Insider
via Abnormal Returns
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Posted by Mike Moody
Fund Flows
May 10, 2012The Investment Company Institute is the national association of U.S. investment companies, including mutual funds, closed-end funds, exchange-traded funds (ETFs), and unit investment trusts (UITs). Members of ICI manage total assets of $11.82 trillion and serve nearly 90 million shareholders. Flow estimates are derived from data collected covering more than 95 percent of industry assets and are adjusted to represent industry totals.
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Posted by Andy Hyer
