Interview With Jack Bogle: Masters in Business (Audio)
Masters in Business
00:00
The World's First Index Fund
Jack Bogle: Wall Street didn't like it when I launched the world's first index fund in 1976. The four largest retail underwriters said they could do $150 million with this great new idea, he says. They did less than 10%. And so it got no, it went nowhere fast; that was the final decision. He tells all on Masters in Business about his life and work at Vanguard Group.
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Transcript
