Interview With Jack Bogle: Masters in Business (Audio)
Masters in Business
00:00
How Did You Come to That Conclusion at a Very Young Age?
I looked at about 15 leading mutual funds and looked at their records, it was very clear that very few of them could outperform the S&P 500 index. The insight that you derived at a very young age is the cost of all this active management. Even to today, what should really be so obvious to everybody, lots of folks still haven't seemed to figure out.
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Transcript
