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Jack Bogle Remembered on Masters in Business (Podcast)

Masters in Business

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The Future of Index Funds

The four largest retail shops would want to participate in this. It's a simple, easy way for their retail client to get exposure to the market fast and inexpensive. When the client buys this fund, it's to be held forever. They don't trade it. And the fund doesn't do any trading. There's no brokerage business generated by the fund.

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