MI167: The Bogle Effect w/ Eric Balchunas

IN THIS EPISODE, YOU’LL LEARN: 02:29 - What an ETF is and why it’s a popular investment tool among retail investors. 08:20 - How investors can parse through the thousands of ETFs available to determine which makes the most sense to them. 15:44 - How Vanguard was originally created after Bogle was ousted out of his own company. 19:09 - Why Vanguard’s business model was so successful at attracting new investors. 26:16 - Why other companies haven’t followed the Vanguard playbook. 34:22 - What drove Bogle to pass on almost all profits to investors through Vanguard. 37:10 - Eric’s thoughts on a potential index fund bubble. 46:07 - How Vanguard is disrupting the financial services industry. 50:02 - Eric’s thoughts around the potential Bitcoin ETF. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Check out Eric’s book, The Bogle Effect. Check out Bloomberg’s podcast, Trillions. Bloomberg’s show, Bloomberg ETF IQ. Robert and Clay’s tool for picking stock winners and managing our portfolios: TIP Finance. Related episode: MI024: Boglehead And Index Investing W/ Rick Ferri. Related episode: MI041: The Simple Path To Wealth W/ JL Collins. Get a FREE audiobook from Audible. Check out our Investing Starter Packs about business and finance. SPONSORS Support our free podcast by supporting our sponsors: Toyota Airbnb DeleteMe Yahoo! Finance Fundrise Public NetSuite NerdWallet   Read this episode’s transcript and full show notes on our website. Connect with Eric: Book | LinkedIn | Twitter Connect with Clay: Twitter HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it!   Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Om Podcasten

Millennial Investing by The Investor’s Podcast Network is hosted by Patrick Donley and Kyle Grieve.  Millennial Investing is one of the top-ranked investing podcasts in the world geared to the millennial generation. Here’s what we do: - We have conversations with the world’s best investors, entrepreneurs, authors, and thinkers and explore their ideas, methods, and stories to help YOU better invest your time and money. - Think of us as your research team who finds the most interesting and profitable investing and business insights that you'd normally have to pay for. Except it’s free! - Our mission is to improve people’s financial literacy and business savvy to help in making better investment decisions with their time and money. Start listening. Master the best of what other people have already figured out so you can use their lessons in your life to learn how to invest and build wealth. Follow Patrick on Twitter at @JPatrickDonley, and Kyle on Twitter @IrrationalMrkts. Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm