The father of the index fund says it’s probably only a matter of time before they own half of all U.S. stocks; ‘I do not believe that such concentration would serve the national interest’
https://www.wsj.com/articles/bogle-sounds-a-warning-on-index-funds-1543504551?mod=mhp
https://outline.com/DGK9Td (if paywall)
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from reddit: the front page of the internet https://ift.tt/2SiO5gf
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