Showing posts with label IndexFund. Show all posts
Showing posts with label IndexFund. Show all posts

2019-04-22

Vanguard Founder Jack Bogle's Investing Philosophy (video)

Vanguard Founder Jack Bogle's '90s Interview Shows His Investing Philosophy

Vanguard founder Jack Bogle, who died Jan 16, 2019, was famous for making investing accessible to the everyday person through index funds – funds that match a market barometer like the S&P 500. His message was simple: why waste money on expensive fees and commissions for complex funds when market barometers often outperform them? That message remained remarkably consistent throughout his career.

Jack Bogle needed hefty amounts of brainpower and market know-how to put together the first index fund. But for investors wanting to cash in on his idea, it's become pretty easy.

In 1975, the founder of Vanguard Group was able to turn a long-held belief into reality, namely that it was far more profitable to follow the market than fight it. Most mutual fund managers who picked stocks couldn't keep up with basic benchmarks like the S&P 500 Index, much less beat them, he found.

So he turned his thoughts into action, putting together the first fund that simply followed the S&P 500, minus a small management cost that was much cheaper than the active funds of the day. CNBC.com video above published on Jan 17, 2019.

One website (of many) using Bogle's principles: bogleheads.org

See also: 
feedback & comments via twitter @DomainMondo


DISCLAIMER

2019-04-19

Vanguard Founder Jack Bogle on the Problem With Index Funds (video)

Vanguard Group founder on the problem with index funds

Vanguard Group Founder Jack Bogle (1929-2019) discusses with Maria Bartiromo how the indexing business has changed over the years and the problem with index funds in this Fox Business video published Jun 8, 2018.

Domain: vanguard.com


feedback & comments via twitter @DomainMondo


DISCLAIMER

2019-01-19

Tech Review | Why Communist China Has So Many Tech Billionaires

graphic "Tech Review" ©2017 DomainMondo.com
Tech Review (TR 2019-01-19)--Domain Mondo's weekly review of tech investing news: Features • 1) Why Communist China Has So Many Tech Billionaires, 2)Ecommerce: Online Spending Putting Traditional Retailers Under Pressure, 3) Investing: The Week; Notes: Why You Can't Trust Most "Financial News" and more,  4)ICYMI Tech News: Amazon AWS, Facebook, Tencent, Robotics, 5G, Apple, IBM, Vodafone, and more. 

1) Why Communist China Has So Many Tech Billionaires

By one estimate, China mints a new billionaire every two days, far exceeding the rate of countries like the United States. But how did China remain a nominally Communist state while becoming a hotbed for billionaires-in-the-making? Bloomberg QuickTake explains how capitalist compromises and moves begun decades ago have made China the not-quite-Communist country it is today. Featured: Jack Ma, co-founder of Alibaba Group (alibabagroup.com) $BABA. Bloomberg (bloomberg.com) video above published Jan 9, 2019.

2) Online Spending Putting Traditional Retailers Under Pressure

Richard Lim, CEO of Retail Economics (retaileconomics.co.uk), discusses the U.K. retail sector after M&S and John Lewis suffered their worst Christmas sales since the financial crisis. CNBC International TV video above published Jan 10, 2019. #retail #ecommerce #bricknmortar

Ecommerce & Truckers: since consumers now buy online appliances, treadmills, outdoor grills, etc., national trucking companies are buying up local delivery operators.--bloomberg.com.

3) Investing
graphic: "INVESTING"  ©2017 DomainMondo.com
The WeekNASDAQ Composite +2.7% | S&P 500 Index +2.9% | DJIA +3.0%

Notes: Why You Can't Trust Most "Financial News"
Editor's note: "Hope is not a strategy."

Other Notes:
  • China signals more stimulus as economic slowdown deepens--reuters.com.
  • Eurozone: risks besieging European Bonds spill over into 2019--bloomberg.com.
  • Germany: German GDP grew 1.5% in 2018, compared with 2.2% in 2017, the weakest growth rate in five years--Federal Statistics Office (Destatis) (flash data).
  • Why digital strategies fail: for most companies, the pace of disruption is uneven, and they can’t just walk away from existing businesses. They need to digitize their current businesses and innovate new models--mckinsey.com.
  • WeWork a/k/a WeCompany: "You can’t put lipstick on a property gamble and call it a Tech paradigm shift"--morningporridge.com: "Softbank founder Masayoshi Son was the perfect mark"--Editor's note: We Work was expecting a $16 bln capital injection from Softbank’s Visionfund.
  • Index funds are dominated by only three asset management firms--Vanguard (Jack Bogle RIP), BlackRock, and State Street Global--marketwatch.com
  • Brexit: UK Government's next steps will be tabled on Monday 21 January. It will be debated Tuesday 29 January.  Most likely now: renegotiate withdrawal agreement or leave with "no deal" March 29, 2019. More on Brexit here.

4) ICYMI Tech News:
graphic: "ICYMI Tech News" ©2017 DomainMondo.com
  • Amazon Web Services announced Jan 16, 2019, AWS Backup, its fully-managed, centralized service for customers to back up their data from across AWS services and on-premises--press.aboutamazon.com
  • German antitrust order in the works re Facebook and user data--reuters.comFTC (US) commissioners met to discuss imposing a record-setting fine against Facebook for failing to safeguard user privacy, violating 2011 consent decree--TheHill.com.  
  • UK engineers have finished building Quantum, the first fully software-defined communications satellite that can be reprogrammed in orbit, launching this year--bbc.com.
  • Tencent's Xiaowei, AI voice assistant for WeChat, integrates with Tencent's own services and apps by third-parties such as Meituan or Didi.
  • 10 robotics companies to watch in 2019--therobotreport.com.
  • 5G network and deployment, investment implications--seekingalpha.comQualcomm says every Android phone maker will beat Apple to 5G.
  • IBM links up with Vodafone for $550m cloud computing contract--cityam.com.

-- John Poole, Editor, Domain Mondo  

feedback & comments via twitter @DomainMondo


DISCLAIMER

Domain Mondo archive