Bogle: Speculation Is in the Driver’s Seat
Aided by new technologies, short-term speculation is crowding out long-term investing in the marketplace, says Vanguard founder Jack Bogle.
Christine Benz: Hi, I'm Christine Benz for Morningstar. Investors have been on a wild ride recently. On the phone with me to discuss what investors should make of the markets' recent volatility is Jack Bogle. He is the founder and former CEO of the Vanguard Group. Jack, thanks so much for being here.
Jack Bogle: Always good to be with you, Christine.