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Vanguard’s founder, John Bogle promoted the idea that index funds such as the Vanguard 500 can outperform most actively managed funds because they have lower management fees and trading costs.

Here’s what I think the mutual fund industry fears about retired Vanguard founder and CEO John Bogle: He’s one of them. He knows where all the skeletons are hidden. And he’s not afraid to reveal those hiding places.

Christopher Carosa

BenefitsPRO

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