MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, October 21, 2013 Bogle Disagrees with Fama, Philosophically 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. Printed from: MFWire.com/story.asp?s=46473 Copyright 2013, InvestmentWires, Inc. All Rights Reserved |