To Vanguard Veterans and Principals<\/p>\n
I\u2019m sending along some of the press clippings that you may have missed during the dog days of summer, now rapidly coming to a close:<\/p>\n
M\/1. Bogle Weighs In On Key Issues.<\/a><\/strong> Morningstar\u2019s summary of my extensive interview at the 25th Annual Morningstar Investment Conference. Responding to tough questions, I gave blunt\u2014but, I hope, tactful\u2014answers.<\/p>\n F\/1. Enrich Your 401(k) In One Simple Move Using The Bogle Gospel<\/a>.<\/strong> A nice article from FORBES on August 30. Little you\u2019ll see there will surprise you, except that my correcting (sort of) the math of a Nobel Laureate may be a first.<\/p>\n FT 1\/2\/3. Vanguard\u2019s Bogle Responds To \u2018Parasite\u2019 Tag.<\/a><\/strong> The first of five articles published by the Financial Times during the late summer, my somewhat sharp response to a London money manager\u2019s opinion piece<\/strong> <\/a>alleging that index funds are Passive Parasites . . . A commentary on this debate\u2014An Elegantly Simple Formula Shows Why Passive Investing Will Earn Higher Returns Than Active Investing<\/a><\/strong>\u2014is attached as well.<\/p>\n FT 4\/5. Hidden Fund Costs Are Hurting Investors.<\/a><\/strong> Separately, the Financial Times relied on research that I recently completed for the Financial Analysts Journal. Included is an interesting ETF story whose headline\u2014Performance will Replace Price as Weapon of Choice<\/a> <\/strong>\u2014may well be correct.<\/p>\n