4 ms·
Vanguard succeeded because it is owned by customers
- marojejian 5mo agogift link: https://www.wsj.com/finance/vanguard-costco-acquired-podcast-hosts-bogle-96d97c7d?st=HM3hTj&reflink=desktopwebshare_permalink https://www.wsj.com/finance/vanguard-costco-acquired-podcast... Generally, I'm a believer that alignment through broad ownership is a strategy we should pursue as a society. At the least it's a good way to avoid enshittification.