Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

Bogle And ETFs: A Complicated History

FYI: Jack Bogle left an indelible mark on Wall Street when he founded Vanguard Group in 1975 and invented the index fund a year later. With it, he taught investors they could beat stock-picking wizards (or warlocks) at their own game by not participating in it. All an investor had to do was patiently wait for the long arc of the market and its inevitable gains that few active managers could beat.
Regards,
Ted
https://www.barrons.com/articles/bogle-and-etfs-a-complicated-history-51547850214?mod=djem_b_Weekly Feed for Barrons Magazine
Sign In or Register to comment.