Wednesday, December 01, 2010
Monday's Chicago Tribune business section had a quick interview with the legendary John C. Bogle - the man who popularized investing with cheap index funds when he started Vanguard.
He has a new book out ("Enough: True Measures of Money, Business, and Life") and talked about how Wall Street has taken too much in cost vs. value added.
He also said there was too much speculation and not enough simplicity.
"It doesn't take a genius to figure out the more the financial sector makes, the less investors take home".
Labels: Personal Finance