![John C. Bogle Quotes: Managed funds are astonishingly tax-inefficient.](https://www.quoteslyfe.com/images/collection3/quotations731/Managed-funds-are-astonishingly-tax-inefficient-731115.jpg)
Managed funds are astonishingly tax-inefficient.
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Rely on the ordinary virtues that intelligent, balanced human beings have relied on for centuries: common sense, thrift, realistic expectations, patience, and perseverance.
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This page presents the quote "Managed funds are astonishingly tax-inefficient.". Author of this quote is John C. Bogle. This quote is about taxes, fund, investing,.