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Mr. Limit Order

Gus Sauter is at the Vanguard of Roping In Trading Costs

Traders Magazine, October 2012

Gregory Bresiger

In 1987, George U. "Gus" Sauter was an obscure investment trust officer with little trading experience. He had just joined the crew of an investment company with a piddling $1 billion in assets under management. Twenty-five years later, the Vanguard Funds have $1.6 trillion in assets. It's the largest mutual fund complex extant, surpassing Fidelity Investments two years ago.

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