Video by Jack Bogle founder of Vanguard a $2t company is worthy of reply.
With all respect to a very famous man, he was spruking his organization.
Herd mentality of "Lets all buy Index funds"
Pushes the Index higher.
Warren buffet joins the herd and buys Index funds and they go higher again.
Hey, why pay dividends in US companies can hold their capital and push the Index up.
Hey , why not buy back our shares, this will increase earnings and push the Index up.
Don't forget Old Jack bought in the beginning and as he says ridden right up the mountain.
Your job is to put your money in the Index fund and keep him there.
Video by Jack Bogle founder of Vanguard a $2t company is worthy...
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