The smartest people don’t necessarily run the best funds.
A look at the worldview and investment philosophy of one of the great investors of our time. Plus, four ETFs that we believe have many of the characteristics that Munger (and Buffett) look for.
Vanguard is a big reason, but not the only one.
They need index fund competitors.
Targeted index funds are coming.
The answer is worth knowing.
And vice versa.
The most investor-friendly segment of the fund industry.
There are now more reasons to worry about market glitches, but that doesn’t mean it makes sense to avoid stocks.
Mutual fund management ain’t what it used to be.