The loophole that birthed VFIAX
1:18:25–1:20:01 · 96s
Bogle spots a mandate gap: create a fund needing no active advice—an S&P 500 index—letting Vanguard launch indexing without Wellington.
1:18:25–1:20:01 · 96s
Bogle spots a mandate gap: create a fund needing no active advice—an S&P 500 index—letting Vanguard launch indexing without Wellington.
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