FYI: Warren Buffett and Jack Bogle are the octogenarian opposites of investing: Buffett, the ultimate stockpicker, whose legacy includes educating a generation of value investors; Bogle, the founder of Vanguard, who has proselytised index investing for 40 years. Yet within a fortnight of each other, they gave essentially the same speech.
Regards,
Ted
http://www.ft.com/intl/cms/s/0/6f04eb52-1141-11e6-839f-2922947098f0.html#axzz48CTXF2uu
