Скачать или смотреть John Bogle: The Man Who Broke Wall Street Why His Genius Idea Is Now a $10T Risk (Vanguard)

John Bogle is a hero. He saved millions of investors from Wall Street's high-fee "rigged game" (01:05) by inventing the passive index fund.

His "folly" (02:45) became a multi-trillion dollar revolution that democratized investing and saved the average person billions (03:45).

But what happens when a good idea becomes too successful?

In this video, we reveal the unintended consequence (04:09) that John Bogle himself warned about before he died (04:32): The dangerous concentration of power in a few "mega-firms" and a market "feedback loop" (04:50) that could be creating the next systemic risk.

Has the revolution simply created a new aristocracy? (05:45)

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