BusinessInsider recently interviewed Vanguard founder Jack Bogle regarding the the Nobel Prize of Economics awarded to DFA muse Eugene Fama.

As always, Bogle had some interesting things to say in the article.

For example, when Bogle heard that Fama would be associated with indexing, he expressed surprise.

"He's clearly a brilliant economist," Bogle is quoted by Business Insider.  "He's right some of the time."

"When he had a chance to start an index fund, he did not do it," he said.

Also, on the subject of Fama's efficient market hypothesis, Bogle said: "EMH is sometimes correct and sometimes incorrect."

Read more in the Business Insider interview. 

Edited by: Tommy Fernandez


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