Tale of Two Public Policy Cities, Plato’s Fiduciary Cave, and Frankenstein’s Index Fund
Tag "John Bogle"
Here’s the raw, uncut interview with the straight talking industry giant who was on to “fiduciary” before we even knew what it was.
We hold these fiduciaries to be self-evident… This is not the beginning of the end, it is the end of the beginning…
Proof again that what gets repeated in the media is not the same thing as a fact.
Government workers ignore math, fee mongers misuse math and savvy salesmen abuse math.
His heart may be in the right place, but this industry icon nearly put his foot in his mouth by forgetting the very economic lessons that allowed him to be so successful.
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The states go marching on, the inside scoop on fees, and John Bogle’s complex legacy.