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Vanguard Is Growing Faster Than Everybody Else Combined

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Re: Vanguard Is Growing Faster Than Everybody Else Combined

#6
post #3

This feels like an article that will be shown for irony points in a documentary about Vanguard's collapse a few years from now.

Why do you say Vanguard will collapse?

I assumed OP was talking less about Vanguard and more about the breathless tone of the article.

Re: Vanguard Is Growing Faster Than Everybody Else Combined

#8
I wouldn't be surprised if most of the money was coming from people's savings books. With zero interest rates, the next best thing to store one's savings is an ETF.

I feel like the increase in stock prices in the recent years is caused by this demand, not by an increase in productivity. The sinking ROI of dividend-driven stocks is an indicator for that.

Re: Vanguard Is Growing Faster Than Everybody Else Combined

#10
post #3

This feels like an article that will be shown for irony points in a documentary about Vanguard's collapse a few years from now.

Why do you say Vanguard will collapse?

Post hoc ergo propter hoc. Articles like this showed up for Enron and MCI/WorldCom and all the others, extolling one virtue or another and showcasing their success. Now we have one for Vanguard, ergo it will fail.

I'm not serious, of course. But pride does seem to come before the fall, and just out of an excess of caution I might move some money out of my vanguard funds next week.

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