Bogle on Financial Innovation

9:27 AM  Pisstol Aer   Labels:
From this John Bogle interview in Morningstar:

"...most innovations in the financial field are innovations of benefit for the innovators. They benefit the creators of them, the marketers of them. Wall Street benefits from most innovations and investors do not." 

Check out the full  interview.

Adam
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Bogle on Financial Innovation
Bogle on Financial Innovation
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