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Episode 001: John C. Bogle, host Rick Ferri

Bogleheads On Investing Podcast

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Evaluating Fund Managers: The Vanguard Approach

This chapter explores Vanguard's criteria for assessing active fund managers, focusing on key elements like investment philosophy and cost efficiency rather than just performance. It also highlights the historic growth of index funds and the critical need for reforms in the Investment Company Act of 1940 to align with current mutual fund practices.

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