Investing Legend Jack Bogle Says There’s a Big Problem With Index Funds, December 6, 2018




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Summary: Investing Legend Jack Bogle Says There’s a Big Problem With Index Funds By Sergei Klebnikov A generation ago Jack Bogle invented the index fund. Now he’s warning his creation may have a negative impact on the stock market. Bogle, who founded The Vanguard Group in 1974, wrote Thursday in The Wall Street Journal that if current trends continue, index funds will soon own half of all U.S. stocks.