John C. Bogle
John C. Bogle - founder of The Vanguard Group. A legend in the American investment community for his work with mutual funds, he passed away at age 89 in January 2019). RIP.
John C. Bogle - founder of The Vanguard Group. A legend in the American investment community for his work with mutual funds, he passed away at age 89 in January 2019). RIP.
The new rule represents an important reflection of regulatory thrust underscored by consumerism. Plus, watch Mr. Bogle make the case for why anyone handling money for investors should be a fiduciary.
In the world of finance, one thing that will certainly remain the same is that investment success will be represented by the allocation of market returns between investors on the one hand and financial intermediaries on the other.
The dynamics of the financial markets have changed radically. While in hindsight it now appears obvious that stocks were a screaming "buy" in 1950, our parents, who had suffered through the Great Depression, were not only worried about a recurrence but lacked the wherewithal to invest.
Institutional managers can no longer afford to ignore what I believe is a ticking time bomb on corporate…
Today, we live in a world of managed earnings. While it is corporate executives who do the managing,…
Today, we live in a world of managed earnings. While it is corporate executives who do the managing,…
Will market returns be lower in the future? It is my strong suspicion that they will. Even assuming…
Will market returns be lower in the future? It is my strong suspicion that they will. Even assuming…
The average equity mutual fund has underperformed the market by 2 percentage points a year for the past 20 years, but figures on the failure of equity funds to keep up with the stock market don't adequately describe the industry's problems.
The failure of mutual fund performance is beyond argument. The failure, in fact, is abject. And it has…
