Guess Who Created The Index Fund? (hint: you'll probably be surprised)
The Stacking Benjamins Show
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How Did He Change His Mind?
He should get an enormous amount of credit for the growth of index. And his journy to fee pressurs across the boards. He was always fond of quoting kens that when the facts, i changed my mind. I think, in reality, it was just his corporate ghad against the partons had fired him at wellington. His remit at vanguard meant that he couldn't do investment management. But he needed to do something and read paul samuelson's text book on index funds.
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