"The leaders of the establishment and the power brokers in it and the global establishment, they're never, ever gonna say, "You know what? We were wrong and [Donald] Trump is right. And we need to get behind him.""

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Mutual funds charge 2% per year and then brokers switch people between funds, costing another 3-4 percentage points. The poor guy in the general public is getting a terrible product from the professionals. I think it's disgusting. It's much better to be part of a system that delivers value to the people who buy the product. But if it makes money, we tend to do it in this country.

— Charlie Munger