Bogle on Financial Innovation

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
Share on :
Bogle on Financial Innovation
Bogle on Financial Innovation
Reviewed by jembe
Published :
Rating : 4.5