Ready
Thinks s/he gets paid by the post
Interesting article about Bogle and index funds. The essence of the article is that for index funds to be a good investment, we need at least some part of the market to be involved in actively managed funds. If the entire market switches to indexing, it causes the advantage of indexing to erode. And with more and more investors switching to indexing, we may be getting there.
John Bogle has a warning for index fund investors - MarketWatch
John Bogle has a warning for index fund investors - MarketWatch