MI Rewind: The Bogle Effect w/ Eric Balchunas
The Intrinsic Value Podcast - The Investor’s Podcast Network
Intro
This chapter delves into Vanguard's transformative role in the investing world under John Bogle's leadership, highlighting their market share approach and success. An ETF expert provides insights on Vanguard's origins, disruptive business model, potential Bitcoin ETF impact, and how Vanguard empowers retail investors to accumulate long-term wealth with over $7 trillion assets in 2020.
Clay Finck chats with Eric Balchunas about what an ETF is and why it’s a popular investment tool among retail investors, how Vangaurd was originally created after Bogle was ousted out of his own company, why Vanguard’s business model was so successful at attracting new investors, Eric’s thoughts on a potential index fund bubble, how Vanguard is disrupting the financial services industry, Eric’s thoughts around the effects of a Bitcoin ETF in the future, and much more!
IN THIS EPISODE, YOU’LL LEARN
00:00 - Intro
02:29 - What an ETF is and why it’s a popular investment tool among retail investors.
08:20 - How investors can parce through the thousands of ETFs available to determine which make most sense to them.
12:40 - How Vanguard was originally created after Bogle was ousted out of his own company.
19:09 - Why Vanguard’s business model was so successful at attracting new investors.
19:09 - Why other companies haven’t followed the Vanguard playbook.
31:20 - What drove Bogle to pass on almost all profits to investors through Vanguard.
37:10 - Eric’s thoughts on a potential index fund bubble.
42:07 - How Vanguard is disrupting the financial services industry.
52:35 - Eric’s thoughts around the potential Bitcoin ETF.
And much, much more!
*Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences.
BOOKS AND RESOURCES
- Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members.
- Check out Eric’s book, The Bogle Effect.
- Check out Bloomberg’s podcast, Trillions.
- Bloomberg’s show, Bloomberg ETF IQ.
- Check out the books mentioned in the podcast here.
- Enjoy ad-free episodes when you subscribe to our Premium Feed.
NEW TO THE SHOW?
- Follow our official social media accounts: X (Twitter) | LinkedIn | Instagram | Facebook | TikTok.
- Check out our Millennial Investing Starter Packs.
- Browse through all our episodes (complete with transcripts) here.
- Try Kyle's favorite tool for picking stock winners and managing our portfolios: TIP Finance.
- Enjoy exclusive perks from our favorite Apps and Services.
- Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets.
- Learn how to better start, manage, and grow your business with the best business podcasts.
SPONSORS
Support our free podcast by supporting our sponsors:
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Learn more about your ad choices. Visit megaphone.fm/adchoices
Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm
Remember Everything You Learn from Podcasts
