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Talk Your Book: What Makes an Index Fund Work

Animal Spirits Podcast

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Is Indexing Distorting the Market?

Vanguard CEO: It's a complete myth that indexing has had an impact on the market itself. Investors have gotten the entire US and world stock market and bond market at a very low cost, he says. The fundamental economics of the company eventually come through as the market discovers and puts the right price on it, Vanguard adds.

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