Great interview with Jack Bogle (creator of index funds and Vanguard)

[Mr Mark]

Nice interview with Saint Jack Bogle on index investing (shock!). He deserves a medal.

http://www.businessinsider.com/vanguard-jack-bogle-401k-active-management-index-investing-2017-1

I wish Vanguard would open up outlets in other countries to allow our fellow Mustachians who are outside the USA access to their awesomeness. Decent index fund investing for just 0.05% fees.

[steveo]

They have Vanguard in Australia. The fees aren't as low but they are still really good.

[boarder42]

This is my favorite quote from the article

Bogle:" Index funds have a real problem. All the damn money goes to the investors. "

[boarder42]

Also pretty awesome that vanguard currently accounts for 100% of the cash flow in the fund market place while all other funds are losing market share.

[MichaelB]

Also pretty awesome that vanguard currently accounts for 100% of the cash flow in the fund market place while all other funds are losing market share.

Actually he says it's OVER 100%. Vanguard's cash flows are higher than the industry's net flows.