
Interview With Jack Bogle: Masters in Business (Audio)
Masters in Business
00:00
Is There Any Kind of Active Management Active Managed Funds?
I just can't imagine that there will be a significant advantage in international companies over US companies. And I don't think you should be subject to these funny, specular booms that can take place in other countries. How significant is currency fluctuations to this sort of international exposure if you're dumbassiled here in the US? Currency. Well, that is an issue because the dollar has been very strong. And it won't be strong foreverBecause international trade has a way of balancing out. When the dollar is strong, the trade balance is changing and all that. So I don’t think you should count on a good strong dollar forever. so won't won't impact it.
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