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No one person has had a bigger impact on the fund industry than legendary investor Jack Bogle, whose decision to set up Vanguard with a mutual fund ownership structure has given the firm it’s edge. He now thinks other firms will have to follow suit to survive in the future, which could change the financial ecosystem in a major way.

Joel and Eric also picked Bogle’s brain on ETFs, advisors, bitcoin, active share and behavior in this special edition episode of Trillions.

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Running time 28:56

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