🔒 Premium: Charlie Munger reckons index fund managers becoming “the new emperors”
Such shareholder apathy has an even darker result as Charlie Munger explained from the chair at the AGM of another company this week.
Such shareholder apathy has an even darker result as Charlie Munger explained from the chair at the AGM of another company this week.
10X Investments’ founder and CEO Steven Nathan has resigned, effective 31 December 2020, in order to pursue other interests.
The challenge to traditional stock pickers began more than four decades ago with Jack Bogle’s introduction of the first index mutual fund for ordinary investors in 1976.
Performance is the only thing that matters to investors – and it is best measured as their long-term investment return after all fees are charged.
Index funds have been an easy sell following the global financial crisis, so much so that index fund providers are taking ownership of ever larger slices of companies listed on stock exchanges.
John Bogle, who popularised the low-cost index-based mutual fund as founder of Vanguard, has died. He was 89.
Warren Buffett was asked why he has chosen the index fund over Berkshire shares – this segment of the AGM starts with his answer…
Warren Buffett says large investors should be frustrated with fees they’re paying hedge fund managers who fail to match the returns of index funds.
Top analyst, and a financial services entrepreneur, Steven Nathan explains why investment advice often benefits advisers, not clients.