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[$$] John Clifton Bogle
Fund managers and brokers charged significant fees that reduced long-term returns. Jack Bogle created the first index mutual fund for so-called passive investing in 1976. Investors could do better in the long run by investing in index funds whose returns would mimic those of the market.
https://finance.yahoo.com/m/f71d226...d09db9/[$$]-john-clifton-bogle.html?.tsrc=rss
Fund managers and brokers charged significant fees that reduced long-term returns. Jack Bogle created the first index mutual fund for so-called passive investing in 1976. Investors could do better in the long run by investing in index funds whose returns would mimic those of the market.
https://finance.yahoo.com/m/f71d226...d09db9/[$$]-john-clifton-bogle.html?.tsrc=rss