Interview With Jack Bogle: Masters in Business (Audio)
Masters in Business
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The S&P 500 ETF Is the Most Widely Traded Stock in the World Every Day.
ETFs are trading instruments owned by large institutions. The spider is the most widely traded stock in the world every day. This year, dollar volume of trading in ETFs is the same size as the dollar volume of Trading in common stocks. So spiders are turning over at 3,000% a year and stocks are turning over about 200%.
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