Indexology®: Grant vs. Bogle
May 05, 2015 at 06:00 AM EDT
Jason Zweig, writing in the Wall Street Journal reports on an on-going debate between John Bogle, founder of Vanguard funds, and Jim Grant of Grants’s Interest Rate Observer. Zweig notes: “[Grant] pointed out that investing in an S&P 500 index fund means buying stocks picked by the committee...