"John Bogle Dismisses Index Fund 'Danger'"

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Taylor Larimore
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"John Bogle Dismisses Index Fund 'Danger'"

Post by Taylor Larimore » Fri Feb 05, 2016 3:53 pm

Bogleheads:

Mr. Bogle is featured in this MarketWatch interview:

John Bogle Dismisses Index Fund "Danger"

Best wishes.
Taylor
"Simplicity is the master key to financial success." -- Jack Bogle

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stemikger
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Re: "John Bogle Dismisses Index Fund 'Danger'"

Post by stemikger » Fri Feb 05, 2016 5:49 pm

Thank you Taylor! You and John Bogle are the calm reassuring voices to help us all Stay the Course!
Choose Simplicity ~ Stay the Course!! ~ Press on Regardless!!!

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Re: "John Bogle Dismisses Index Fund 'Danger'"

Post by Dick D » Fri Feb 05, 2016 6:25 pm

Thanks! I never tire of the truth!

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jfn111
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Re: "John Bogle Dismisses Index Fund 'Danger'"

Post by jfn111 » Fri Feb 05, 2016 8:18 pm

Good article, Thanks!

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Re: "John Bogle Dismisses Index Fund 'Danger'"

Post by bondsr4me » Fri Feb 05, 2016 8:48 pm

Taylor, Thank You for the link to Jack's statement.
His words are always appreciated.

"Investing" is not meant to be "short term" trading.

The "active" fund managers are gonna fight the indexing concept for a long, long time.
Their wealth (not their clients wealth) depends on it.

Have a great weekend BH'ers.

Don

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Re: "John Bogle Dismisses Index Fund 'Danger'"

Post by abuss368 » Fri Feb 05, 2016 10:52 pm

Thanks Taylor!
John C. Bogle - Two Fund Portfolio: Total Stock & Total Bond. "Simplicity is the master key to financial success."

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Re: "John Bogle Dismisses Index Fund 'Danger'"

Post by BlackStrat » Sat Feb 06, 2016 9:22 am

thanks for splashing cold water on my face Taylor - I needed that.

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Re: "John Bogle Dismisses Index Fund 'Danger'"

Post by Northern Flicker » Sat Feb 06, 2016 2:46 pm

Here's a potential paradox: if we ever actually were in a situation where index fund assets were so large that there were short-term distortions in stock prices lingering longer than "normal", would you rather be staying the course in an index fund, or actively trading in potentially mispriced securities with Giant-Squids on the other side of the trades?

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Re: "John Bogle Dismisses Index Fund 'Danger'"

Post by Toons » Sat Feb 06, 2016 3:20 pm

Excellent
Thank You. :happy
"One does not accumulate but eliminate. It is not daily increase but daily decrease. The height of cultivation always runs to simplicity" –Bruce Lee

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Re: "John Bogle Dismisses Index Fund 'Danger'"

Post by mickeyd » Sat Feb 06, 2016 4:31 pm

Quote of the day~
"Pshaw!"
Part-Owner of Texas | | “The CMH-the Cost Matters Hypothesis -is all that is needed to explain why indexing must and will work… Yes, it is that simple.” John C. Bogle

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ChasingSirens
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Re: "John Bogle Dismisses Index Fund 'Danger'"

Post by ChasingSirens » Sat Feb 06, 2016 10:21 pm

Thanks! I've also been hearing this argument against index funds, in a down market, a lot more lately on some podcast I listen to. Not that I would ever sell :)

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Re: "John Bogle Dismisses Index Fund 'Danger'"

Post by dixonge » Sat Feb 06, 2016 11:18 pm


Norris
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Re: "John Bogle Dismisses Index Fund 'Danger'"

Post by Norris » Sat Feb 06, 2016 11:43 pm

Thanks, Taylor!

Norris
Life is really simple, but we insist on making it complicated. Confucius

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Re: "John Bogle Dismisses Index Fund 'Danger'"

Post by Clever_Username » Mon Feb 08, 2016 3:59 pm

jalbert wrote:Here's a potential paradox: if we ever actually were in a situation where index fund assets were so large that there were short-term distortions in stock prices lingering longer than "normal", would you rather be staying the course in an index fund, or actively trading in potentially mispriced securities with Giant-Squids on the other side of the trades?
I still don't think I'd be able to figure out what the mispriced securities are; even if I could, I doubt the gain would be worth the time I'd spend and the money I'd risk. Unless it were something absurd like 100% of equities held my index funds, and then, only maybe and someone would likely beat me to it.
"What was true then is true now. Have a plan. Stick to it." -- XXXX, _Layer Cake_ | | I survived my first downturn and all I got was this signature line.

Jeff Albertson
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Re: "John Bogle Dismisses Index Fund 'Danger'"

Post by Jeff Albertson » Thu Mar 03, 2016 3:55 pm

Another podcast featuring Mr Bogle (next weekend):
https://twitter.com/ritholtz/status/705450163402244097

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Re: "John Bogle Dismisses Index Fund 'Danger'"

Post by Fallible » Thu Mar 03, 2016 4:08 pm

Dick D wrote:Thanks! I never tire of the truth!
Exactly!

Thank you, Taylor.
John Bogle on his often bumpy road to low-cost indexing: "When a door closes, if you look long enough and hard enough, if you're strong enough, you'll find a window that opens."

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Taylor Larimore
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Re: "John Bogle Dismisses Index Fund 'Danger'"

Post by Taylor Larimore » Thu Mar 03, 2016 7:18 pm

Bogleheads:
The truth about index investing must be told over and over again because lies are constantly being told around it. -- Rick Ferri
Best wishes.
Taylor
"Simplicity is the master key to financial success." -- Jack Bogle

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