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About The Bogle Effect
<b><b>The index fund wouldn’t be jack without Jack. It was just one innovation fueled by The Vanguard Group founder Jack Bogle’s radical idea in 1975 to make investors the actual owners of his new fund company. While the move was as much to save his job as it was to save investors, the end result was powerful: a fund company for the people and by the people. Bogle began a 50-year process of lowering costs inch by inch, which ultimately unleashed a populist revolt that has saved average investors trillions of dollars while reforming and right-sizing much of the entire financial industry.</b></b><br><br>Today, nearly every dollar invested in America goes to either Vanguard funds or Vanguard-influenced funds. But Bogle’s impact and this “great cost migration” reaches well beyond index funds into many other areas, such as active management, ETFs, the advisory world, quantitative investing, ESG, behavioral finance and even trading platforms. <i>The Bogle...</i>
Detailed Information
| Author: | Eric Balchunas |
|---|---|
| Publication Year: | 2022 |
| ISBN: | 1637740727 |
| Language: | other |
| File Size: | 5.0256 |
| Format: | |
| Price: | FREE |
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