Index Fund Origins
The discussion highlights the humble beginnings of the first index fund at Vanguard, which started with just $11 million and was managed part-time by a woman balancing her family business. Jack Bogle's legacy is explored, revealing how the firm has evolved from less than 10% in index funds in 1990 to 75% today. Interestingly, Bogle has been distanced from the firm he founded, yet he remains a repository of historical facts and insights.In this clip
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