Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Bogle Says 'Even Berkowitz Might Run Into Trouble' Not Rated 1.0 Email Routing List Email & Route  Print Print
Friday, November 26, 2010

Bogle Says 'Even Berkowitz Might Run Into Trouble'

News summary by MFWire's editors

Fundsters may not be surprised to hear that Jack Bogle is skeptical of even Bruce Berkowitz's ability to outperform the market long-term. The Vanguard founder shared those sentiments and more in a recent interview with the Associated Press' Mark Jewell.

"Berkowitz seems like an intelligent manager, and he has done well," Bogle said of the Fairholme Fund star. "But investors who start out in their 20s today could end up investing for 70 years, since people are living longer. Well, Bruce Berkowitz is not going to be around managing funds 70 years from now ... Even Berkowitz might run into trouble, and make some bad moves. It's one of those cases where even the best generals make mistakes."

Bogle also confessed that he's "definitely slowing down, doing less travel and less speaking, deliberately," and offered his long-term predictions about the stock and bond markets. 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

1.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use