Comments on: John Bogle responds to “Ask Jack” questions http://johncbogle.com/wordpress/2007/03/29/john-bogle-responds-to-ask-jack-questions/ Thoughts from the Founder of the Vanguard Group of Investment Companies Mon, 16 Jan 2012 22:04:27 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: THE SKILLED INVESTOR Blog http://johncbogle.com/wordpress/2007/03/29/john-bogle-responds-to-ask-jack-questions/comment-page-1/#comment-68 THE SKILLED INVESTOR Blog Thu, 03 May 2007 00:13:44 +0000 http://johncbogle.com/wordpress/2007/03/29/john-bogle-responds-to-ask-jack-questions/#comment-68 [...] **John C. Bogle presented John Bogle responds to “Ask Jack” questions posted at The Bogle eBlog (John Bogle thoughtfully answers a series of letters covering topics on ETFs, index mutual funds, his books, passive investing, active investing, Vanguard, TIAA-CREF, and Dimensional Fund Advisors.) [...] [...] **John C. Bogle presented John Bogle responds to “Ask Jack” questions posted at The Bogle eBlog (John Bogle thoughtfully answers a series of letters covering topics on ETFs, index mutual funds, his books, passive investing, active investing, Vanguard, TIAA-CREF, and Dimensional Fund Advisors.) [...]

]]> By: LloydSutfin http://johncbogle.com/wordpress/2007/03/29/john-bogle-responds-to-ask-jack-questions/comment-page-1/#comment-64 LloydSutfin Sat, 21 Apr 2007 14:03:32 +0000 http://johncbogle.com/wordpress/2007/03/29/john-bogle-responds-to-ask-jack-questions/#comment-64 It's interesting to see someone else express their disappointment, if not disgust, with TIAA-CREF. "For the Greater Good" has an all new meaning and I believe they are exploiting their former customer base in their advertising while debasing their performance. My distaste has steadily increased since Mr. Allison came on the scene. Once after transferring $500K to Vanguard I got an angry telephone call from their salesman types asking if I was "going to do any more of this". When I told him" yes, but I don't know when" he rapidly hung up. I still can't figure out why he called. Their delays in transferring funds AFTER they have debited your account furthers my suspicions that I don't have a very large share of the "Greater Good" any more. While reading your Little Book, I kept wondering about the Wellington Fund. Having read some of your biographies, I have a better perspective on both its role and performance. I have a hard time seeing that it isn't an exception and no matter how I look at it, it seems to perform as well as can be expected over the long run but in a steadier fashion. Maybe I just don't have enough data and you can further enlighten me. Regardless, I'll keep a close lookout for management & style changes. I'm happy to have discovered this site since as you may have guessed Vanguard is very and increasingly important to my financial interests. I hope your influence continues for a good long time, but TIAA CREF has been an eye opener and underscores the need for vigilance. It’s interesting to see someone else express their disappointment, if not disgust, with TIAA-CREF. “For the Greater Good” has an all new meaning and I believe they are exploiting their former customer base in their advertising while debasing their performance. My distaste has steadily increased since Mr. Allison came on the scene. Once after transferring $500K to Vanguard I got an angry telephone call from their salesman types asking if I was “going to do any more of this”. When I told him” yes, but I don’t know when” he rapidly hung up. I still can’t figure out why he called. Their delays in transferring funds AFTER they have debited your account furthers my suspicions that I don’t have a very large share of the “Greater Good” any more.

While reading your Little Book, I kept wondering about the Wellington Fund. Having read some of your biographies, I have a better perspective on both its role and performance. I have a hard time seeing that it isn’t an exception and no matter how I look at it, it seems to perform as well as can be expected over the long run but in a steadier fashion. Maybe I just don’t have enough data and you can further enlighten me. Regardless, I’ll keep a close lookout for management & style changes.

I’m happy to have discovered this site since as you may have guessed Vanguard is very and increasingly important to my financial interests. I hope your influence continues for a good long time, but TIAA CREF has been an eye opener and underscores the need for vigilance.

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