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Vanguard Beats The Market Handily--That Is, Vanguard's Partnership

FYI: Vanguard Group is the “at cost” asset manager: Its fund investors are its shareholders. By owning one of the company’s funds, you “own” a piece of Vanguard itself.
Regards,
Ted
http://blogs.barrons.com/focusonfunds/2014/06/13/vanguard-beats-the-market-handily-that-is-vanguards-partnership/tab/print/

Comments

  • While I wish Vanguard employes were more equitably compensated (but I wonder how many leave from the lower echelon), I'm happy with an ER <.5% average in Health Care, Capital Opps, and Primecap, plus others. Wish my 403b included the company. If I ever buy an annuity, it will probably be there.
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