It may face higher costs, but if it overcomes the investor psychology that the glamour of growth attracts, then it could still end up ahead.
Lord | 06.29.06 - 2:06 pm | #

or more fundamentally, if everyone holds the superior portfolio it will be the cap weighted portfolio.
Paul | 06.29.06 - 7:20 am | #

I printed this piece out to re-read later. I'm not sure that I agree with everything Bogle has to say, but I need to cogitate on it for a bit.
thc | Homepage | 06.28.06 - 11:24 pm | #