I liked the "but can cats charge you 2%?" Comment. Very true.
Yet I need them. The trading, the analysts, the market timers, the day traders, the hedge funds, they all provide this thing called the market. My index funds would not work without them. I need non-mustashians to fund the bonuses, the lunches, the exorbitant salaries, and to pay those stupid return-destroying fees.
This is the funny thing about bogle and asset allocation. Once anybody knows, it's their interest to not tell anyone else. Pretty much everybody in the whole financial industry is highly incentivised to not tell anyone about bogle.
So, shuuuush!