Top 17 Quotes by Michael Lee-Chin

The objective of the customer is not being met if the fund managers are diversifying their assets into hundreds of businesses. If they do this, they are typically performing close to the indexes. But that's not the way wealth is created.

I wouldn't be where I am, if not for Jamaica. My formative years were here. I wouldn't have the confidence that I have if I wasn't born here, because growing up here I knew I could become anybody I wanted to become. There was no ceiling on top of me.

I'm making a case against how money managers are handling customers' money. The objective of the customer is not being met if the fund managers are diversifying their assets into hundreds of businesses. If they do this, they are typically performing close to the indexes. But that's not the way wealth is created.