Author Topic: Great interview with Jack Bogle (creator of index funds and Vanguard)  (Read 1776 times)

Mr Mark

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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

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Re: Great interview with Jack Bogle (creator of index funds and Vanguard)
« Reply #1 on: January 30, 2017, 02:09:26 PM »
They have Vanguard in Australia. The fees aren't as low but they are still really good.

boarder42

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Re: Great interview with Jack Bogle (creator of index funds and Vanguard)
« Reply #2 on: January 30, 2017, 02:21:46 PM »
This is my favorite quote from the article

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

boarder42

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Re: Great interview with Jack Bogle (creator of index funds and Vanguard)
« Reply #3 on: January 30, 2017, 02:41:56 PM »
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

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Re: Great interview with Jack Bogle (creator of index funds and Vanguard)
« Reply #4 on: January 30, 2017, 02:45:00 PM »
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.