Neil Hennessy

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Last quote by Neil Hennessy

You gotta be prepared so you don't get – for lack of a better word – freaked out.feedback
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Aug 01 2017
Neil Hennessy has most recently been quoted in an article called 6.6B money manager says don't get 'freaked out' - but 'severe downdraft' will hit stocks. Neil Hennessy said, “What the investors are now going into is passive investing. They're going into these index ETFs. And, the indexes, BlackRock and Vanguard and you name it, they all own the same companies in the same percentage. If something should scare the investor and they want to sell, everybody is going to have to sell at the same time. They're going to be selling the same stocks. What the public and investors now believe the concept is the lowest fees are the best thing for the best returns. And, that's so far from the truth.”. Neil Hennessy has been quoted a grand total of 6 times in 3 articles.
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