Common Sense on Mutual Funds
Transcript of Common Sense on Mutual Funds
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7/22/2019 Common Sense on Mutual Funds
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Common Sense On Mutual Funds
John Bogle (1999)
Bogle, founder of the Vanguard Group, pioneered the index fund in the 1970s andsince has been a vociferous critic of activefund management, which he recently described to U.S. News as a rent-seekingindustry that charges fees for performanceit cant deliver. Before you go buying an active mutual fund, acquaint yourself with Mr. Bogle.