John Bogle On The Cost Of Investing

Grant's Conference: John Bogle On Why You Must Index [SLIDES]

John Bogle's presentation from Grant’s Spring Conference titled, "Resolved: The cost of investing is the determining factor in the success of investing."
The Low-Cost Proposition
1. Gross Market Return: Shared by Investors as a Group—“Zero-Sum Game”

2. Costs of Investing: A) Shared by Active Investors—High (2%) B) Shared by Index Investors—Low (0.05%)

3. Therefore: Low-Cost Investors Must Earn Higher Net Returns.

Q.E.D . . .

SORRY!

This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible


Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers


0