1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
CanadianValue
CanadianValue
Articles (4624) 

Index Fund Guru Jack Bogle – Speculation Is More of a Threat Than the Fiscal Cliff

December 10, 2012 | About:

Jack Bogle doesn't like the high frequency trading that goes on in the market today and thinks the stock market has lost its way. He compares the trillions of dollars of total trades that go through with the $250 billion of capital that is actually raised by companies.

I have to agree with him; it is hard to see what this frantic trading adds to society.

One solution that Bogle suggests is a tax per transaction. It sounds too sensible to work.

Here is the interview:







About the author:

CanadianValue
http://valueinvestorcanada.blogspot.com/

Rating: 4.3/5 (3 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


pbarker46FCF Margin
rod1z....Dec 04 FOURTH Try
rod1z....Dec 04 Third Try
rod1z....Dec 04 Second Try
rod1z....Dec 04 First Try
jeanstemarieJapan growth fair value
pbarker4610 Profitable Years
jeanstemarieJapan momentum
rael22220
clyfoong24 dec screen
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK