“In the jungle among the money funds, there is only one king.”
Those who have been in the investing game long enough will probably remember the slogan for the Dreyfus Fund, the top-performing mutual fund of the 1950s and -60s started by Jack Dreyfus. The ads for the fund featured a lion striding out of the Wall Street subway station and ran essentially unchanged for over 40 years.
Dreyfus himself was one of the kings of Wall Street, but he also had the common touch. His populist, take-it-to-the-people approach made him not only a financial pioneer (and a very rich man), but also a fierce advocate for the little guy.
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