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Learning, Sharing, and Teaching => Investor Alley => Topic started by: Mr Mark on January 30, 2017, 05:47:04 AM

Title: Great interview with Jack Bogle (creator of index funds and Vanguard)
Post by: Mr Mark on January 30, 2017, 05:47:04 AM

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 (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.

Title: Re: Great interview with Jack Bogle (creator of index funds and Vanguard)
Post by: steveo 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.

Title: Re: Great interview with Jack Bogle (creator of index funds and Vanguard)
Post by: boarder42 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. "

Title: Re: Great interview with Jack Bogle (creator of index funds and Vanguard)
Post by: boarder42 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.

Title: Re: Great interview with Jack Bogle (creator of index funds and Vanguard)
Post by: MichaelB on January 30, 2017, 02:45:00 PM

Quote from: boarder42 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.

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