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This is a thoroughly asinine argument. The average dollar calculation is interesting, but it's really just a slightly more robust proof of the obvious: most investors make bad decisions. Ok, we all get it.
Jun 18 21:16 pm
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All Comments by John Christy »Bogle: Investors 'Getting Killed' in ETFs [View article]
Does that mean ETFs are a bad idea? I have nothing but respect for Bogle, but it's really, really hard to not see sour grapes at work here. He made a fortune peddling index funds and he's clearly upset that others have cottoned on to the idea.