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At an age when most of his peers have shuffled off into retirement or irrelevance, the 78-year-old founder of mutual fund giant Vanguard remains sprightly and energetic. With $1.3 trillion in assets, Vanguard, based in Valley Forge, Pa., is now the second-largest mutual fund company. Author, sailor, and indefatigable rabble-rouser, John Bogle is as legendary for pioneering index funds as he is for his blunt criticism of his industry's high fees and aggressive marketing - opinions that have put him at odds with his peers while endearing him to legions of investors, or "Bogleheads," nationwide.
Economic Snapshot News - Economic Snapshot News Headlines | Bizjournals.com
Jacksonville Business Journal Publisher David Sillick took questions from the floor after DRI representatives made presentations about their projects at the Northeast Florida DRI Update event. Here are edited excerpts from the question-and-answer session.