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The Importance of Being Long-term

Perspectives Content Submission

Thu, 17 Feb 2011

Published with permission from Knowledge @ Wharton , Wharton’s online business journal. William McNabb became chief executive officer of The Vanguard Group on August 31, 2008 — two weeks before the financial world went into free fall. On the evening of Sunday, September 14, the day Lehman Bros. dec

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