Interview With Jack Bogle: Masters in Business (Audio)
Masters in Business
00:00
Vanguard 500 Index Fund
Vanguard 500 is an unmanaged broad index of the largest companies in America. There's no manager, nobody's in charge; it's just a broad index. In those days, there weren't any index funds. So if you couldn't go into management, how are you able to set up the Vanguard 500? Wouldn't be patient. Okay. And believe it or not, they bought it.
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Transcript
