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Charlie Ellis on the Rules of Investing

Masters in Business

00:00

The First Index Fund

The first index fund was created by Jack Bogle. He tried to convince his board of directors that it wasn't investment management, but they barely approved the idea. "Jack was a very argumentative, persuasive, always had the facts supporting whatever case," he says. 'He was always able to make his own case very, very, very well'

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