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Jack Bogle Remembered on Masters in Business (Podcast)

Masters in Business

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Bond Index Funds

I don't believe in big reaching for yield at all. The yield in a bond has a 91% today's yield, a 91% correlation with the return you're going to get the next 10 years. So it should be a better assortment of risks that potentially is generating more returns. And as long as you're holding it for decades, the short term volatility is irrelevant.

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