Commentary

Erik Hoel
Traders Magazine Online News

Will The Bitcoin Bubble Pop Or Will It Envelop Us All?

Guest contributor Erik Hoel asks the question whether the worst is over for bitcoin holders, or still yet to come, what is yet to come? And why.

Traders Poll

In your opinion, what is the biggest hurdle facing the blockchain?

Cost of implementation

17%

Too many systems available

23%

Not applicable to my business

3%

Uncomfortable with the technology

33%

Nobody else is using it

23%

Free Site Registration

July 31, 2003

Vanguard's Bogle on a Crusade

By Kathryn M. Welling

Also in this article

  • Vanguard's Bogle on a Crusade
  • Page 2

That John C. Bogle, the founder and former CEO of

the Vanguard Group speaks his mind - and is a fervent believer in index funds - comes as a surprise to no one on Wall Street. But that Jack, who now sports the title of President of Vanguard's Bogle Financial Research Center, has chosen to spend his "golden years" hopping from speaking platform to speaking platform, Congressional Hearing Rooms

most definitely included, to excoriate his industry, corporate managements and the Street for enriching and entrenching themselves while treating investors shabbily in the extreme, is-face it-a mite unsettling. Rocking the boat just isn't good form. Yet there's Jack, forcefully advocating things like making mutual funds prominently disclose not only performance stats and proxy votes, but expense ratios, sales charges, portfolio transaction costs and other expenses - in terms their investors can understand and on a regular basis. Not to mention a federal statute spelling out a fund management's fiduciary duty to its shareholders. I drove down to the outskirts of Philly last week, to hear firsthand, what's on Jack's mind. Hint: Plenty.

-KMW