Home Economics Vanguard’s Bogle: Indexing Has Gone ‘Too Far’

Vanguard’s Bogle: Indexing Has Gone ‘Too Far’

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Posted with permission from Money Management Executive

By Paula Vasan

December 9, 2013

 

 

Quiet and peaceful Valley Forge-Pa. is not a place where one would expect to find one of the most successful financial businesses in history – a far cry from the hurry and shuffle of Wall Street. But Vanguard’s home there speaks volumes about its ability to maintain its reputation as the lowest-cost provider of mutual funds and ETFs since John Bogle founded the company in 1974, operating on a low-cost basis in a financial world motivated and dominated by profit.

Vanguard’s Bogle: ‘Index Funds Have Gone Too Far’

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