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Jack Bogle: ‘A lot of ETFs will go out of business’

The 89-year-old on why traditional index funds and ETFs are 'like night and day', the role of indexers in proxy voting and the future of investing

Jack Bogle: ‘A lot of ETFs will go out of business’
Photo: Christopher Leaman

If one man can be held responsible for today’s market — for better or worse — it's Jack Bogle, writes Barron's.

More than 40 years ago, the founder of Vanguard Group and the inventor of the index fund forever changed the way Americans would invest and, quite possibly, forever changed how the market functions.

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