Is active management a myth? John Bogle breaks down the math.
Investment legend John Bogle offers a stark reality check on the age-old debate between active management and low-cost indexing. By breaking down the math, he illustrates a compelling four-to-one advantage in favor of low-cost strategies, challenging conventional wisdom about where actual value comes from for the average investor. This perspective serves as a powerful reminder that while both strategies play a role, the cost-efficiency of a fund often dictates long-term success more than active selection ever could. #investing #johnbogle #vanguard #finance #indexfunds #stocks #marketstrategy #wealthbuilding
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