The Bogle Effect 9781909489400

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The Bogle Effect 9781909489400The index fund wouldn't be jack without Jack. It was just one innovation fueled by The Vanguard Group founder Jack Bogle's radical idea in 1975 to make investors the actual owners of his new fund company. While the move was as much to save his job as it was to save investors, the end result was powerful: a fund company for the people and by the people. Bogle began a 50 year process of lowering costs inch by inch, which ultimately unleashed a populist

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