Chicken Soup for the Stockpicker’s Soul

If you’re an investor looking to capitalize on market inefficiencies, this is music to your ears for 2014:

If you bought a U.S. equity fund this year, there’s about a 98% chance you invested in a fund managed by the Vanguard Group Inc.

Vanguard, best known for its index funds and emphasis on low-cost investing, received $41.4 billion of net inflows into its U.S equity funds in 2013 through Nov. 30, according to Morningstar Inc. U.S. stock funds not managed by the company founded by John C. Bogle in 1974 took in a net total of about $1.1 billion.

Oh my.

Source:

Vanguard raked in almost every dollar that went into U.S. equity funds this year (Investment News)

 

 

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