Investors wouldn’t have a way to capture value in the stock market if it were entirely held by passively managed funds, according to Jack Bogle, the founder of Vanguard Group. “If everybody indexed, the only word you could use is chaos, catastrophe,” he said in an interview with Yahoo! Finance Saturday. “There would be no
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via Tumblr Bogle Says If Everybody Indexed, Markets Would Fail Under Chaos
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