Monday, February 20, 2012

Vanguard Founder, John Bogle on Strategy, U.S. Tax Laws

(Bloomberg) -- John Bogle, founder of Vanguard Group Inc., talks about financial markets, investment strategy and U.S. tax policy. Bogle, speaking yesterday with Bloomberg's Betty Liu at the Bloomberg Link Portfolio Manager Mash-Up conference in New York, said lower tax rates for certain types of gains earned by private equity firms are "ridiculous." (Source: Bloomberg)



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