"John Bogle, founder of the Vanguard Group and pioneer of index funds, may have saved investors more money than anyone else in history. His crusade to drive down fees has, over the past 5 decades, left them with more than $1trn that would otherwise have gone to fund managers."

https://www.economist.com/finance-and-economics/2024/08/22/investors-should-avoid-a-new-generation-of-rip-off-etfs

#TheEconomist #Vanguard #IndexFunds

Investors should avoid a new generation of rip-off ETFs

Some proposals may even be a risk to financial stability

The Economist