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John “Jack” Bogle revolutionized the investment industry by opening the first index fund in 1976 to replicate the S&P 500 index. It was not easy to sell the idea of a fund generating average market results. But Bogle has shown that by lowering costs he can outperform actively managed funds. Eric Balchunas, author of the […]

The post #025: Eric Balchunas – The Bogle Effect. How John Bogle and Vanguard Turned Wall Street Inside Out and Saved Investors Trillions appeared first on System Trader Show .

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