John Bogle Shares Thoughts on Professional and Business Values—Part 2

An essay by Vanguard founder John Bogle, published in a recent issue of the CFA Institute’s Financial Analysts Journal, offers insights and guidance concerning the need for balance between professional values and business values in the world of investing and finance. This is the second installment of a five-part series outlining highlights of the essay. These are some of the pressures that Bogle argues impedes the balance between profession and business: New technologies: The lower costs associated with today’s computer-driven securities trading as well as robo-advisor products “which use technology to make inroads into traditional methods of providing advice to […]