'John Bogle' Tag
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Patron saint of the amateur investor
January 20, 2019This past week witnessed the passing of John Bogle, the pioneer who helped create what has arguably become one of the greatest financial innovations of all-time: the low-cost index fund. I’ve referenced Bogle on numerous occasions on this blog (e.g. here, here, or here), for I found his “cost-matters hypothesis” laudable. In Bogle’s view, the […]
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Those silly fees
October 1, 2013My earlier piece about the French government’s newly-announced PEA-PME initiative led to a broader discussion about transparency and investment performance. [By way of recap, I had written that I’m hopeful the PEA-PME could offer indirect benefits to small tech startups that trickle back by helping capitalize downstream companies that are larger and already listed, thus […]
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More on the PEA-PME and tax optimization game
September 10, 2013Last week’s post on finance minister Pierre Moscovici’s newly announced measure of a PEA for SMEs in France prompted some feedback that caught me off guard. Beyond the customary reactions wavering between praise and consternation (usually tilting toward the latter), I found myself in the unusual position of being solicited for tax planning advice. “Should […]