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Jack Bogle Thinks the Market Might Be Richly Valued but That Retail Investors Should Stay Long

March 12, 2014 | About:

Index fund pioneer thinks that we may be in risky territory for the stock market.

That isn't just his opinion, he quotes the recent warnings from investing legend Seth Klarman (Trades, Portfolio).

Interestingly, while Bogle thinks Klarman is smart, Bogle's firm Vanguard manages $2 trillion and Klarman manages $27 billion.

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