Bogle, a Wall Street veteran, feels today’s market is not the best that it can be. According to Bogle, mutual-fund managers are ripping off shareholders by taking half of their barely 5% return while young companies like Google (GOOG) are turning the market upside down with their rapid growth models: “The pace is enormously fast and very destructive to many corporations.”
So what is an investor to do? Start by checking out Bogle's complete interview here.
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