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This is pretty disrespectful to Jack Bogle. Vanguard is almost singlehandedly responsible for returning trillions of dollars of costs, in the form of fees and
by pdog 9y ago
This is pretty disrespectful to Jack Bogle.
Vanguard is almost singlehandedly responsible for returning trillions of dollars of costs, in the form of fees and underperformance by active managers, back to investors. Millions of investors have benefited.
- ringaroundthetx 9y agoand what does that have to do with talking about an area with no domain knowledge? there are plenty of esoteric and dubious assets in the vanguard obligatory diversification model. Get bitcoin in the 1% allocation right next to CDO-ABACUS-2007-SENIOR
- saryant 9y agoVanguard never owned subprime CDO paper in its money market funds.
- ringaroundthetx 9y agoonly the investment grade CDOs of longer terms
- westurner 9y agoBitcoin has been a bubble since $1 and $100 to these people.
- lern_too_spel 9y agoWhat evidence is there that it isn't a bubble? People buy Bitcoin only because they think they can sell it higher. Eventually, you will run out of greater fools.