
thelearningblog123.blogspot.com
The Art of StreetplayThe Art of Streetplay. Tuesday, June 27, 2006. Poking Holes in Bogle's Pro-Cap Weighting Rationale. Surprise surprise. John Bogle is putting down fundamental indexing in favor of, you guessed it, what has made him rich- cap weighted passive indexing. And he got Burton Malkiel to back him up and give him a sense of credibility- not too different from WisdomTree getting Siegel on board. Must be right if they've got an academic on board! Aspect #2: Expenses- Management Fees, Turnover, Taxes (Capacity).
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