The Bogle Effect: ETFs, Passive Investing & New Era of Investing - Eric Balchunas

Past Performers - by InvestOrama

We uncover the massive impact Jack Bogle, the titan of the investing industry, had in reshaping the investing landscapes for the better, with Eric Balchunas author of the book 'The Bogle Effect.' From revolutionizing low-cost index investing, the birth of the RIA movement, to setting the stage for the future of asset management – learn how Bogle has truly changed the game and continues to influence trends today. Watch it on YouTube: https://pod.link/1511595070 REFERENCES ▶️The book: The Bogle Effect: How John Bogle and Vanguard Turned Wall Street Inside Out and Saved Investors Trillionshttps://www.amazon.com/Bogle-Effect-Vanguard-Investors-Trillions/dp/1637740719 ▶️ Follow Eric on Twitter: https://twitter.com/EricBalchunas ABOUT THE AUTHOR ERIC BALCHUNAS is a senior ETF analyst at Bloomberg, where he has over a decade of experience working with ETF data, designing new functions and writing ETF research for the Bloomberg terminal. He also writes articles, feature stories and blog posts on ETFs for Bloomberg.com and appears each week on Bloomberg TV and Radio to discuss ETFs. You can find his articles here: http://www.bloomberg.com/authors/ADUgYkp2OlE/eric-balchunas TO GO FURTHER 🧑🏽‍🎓 Alternative Investments Course: https://bit.ly/Alts_Invest 📩 Join the newsletter: https://bit.ly/3AxnyTY AFFILIATE LINK What I use for editing: https://get.descript.com/1ldhm44pyr0p TIMESTAMPS 0:00 Eric Balchunas 00:38 Who is Jack Bogle? 01:12 The Bogle Effect and its Impact on the Industry 01:28 The Spread of Passive Investment in Europe 02:50 The Story Behind the Book 'The Bogle Effect' 04:27 The Trillions Saved by Bogle's Approach 06:30 The Impact of Vanguard and Bogle on Other Funds 07:25 Bogle's Vision and Legacy 11:04 The Contrast Between Bogle and Wall Street 14:47 The Rise of Index Funds and the Role of Vanguard 15:44 The Long Road to Low-Cost Index Funds 20:10 The Long Road of Investment 20:54 The Impact of Bogle's Persistence 21:20 The Evolution of Investment Culture 21:43 The Challenges of Changing the System 22:48 The Birth of the RIA Movement 24:12 The Shift in Advisor Payment Models 26:03 The Influence of Behavior and Philosophy 26:25 The Power of Staying the Course 26:55 The Concept of 'Enough' and its Impact 32:08 The Vanguard Brand and its Impact 37:53 The Future of Asset Management 40:35 The Legacy of Bogle