Gus Sauter, who managed Vanguard’s flagship index funds during a period of exponential growth, reflects on the merits of passive and active investing, while sharing his thoughts on financial industry innovation.
This episode of the Take 15 Series was originally released on 16 January 2013.
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Please note that the content of this site should not be construed as investment advice, nor do the opinions expressed necessarily reflect the views of CFA Institute.
David Larrabee, CFA, is director of Member and Corporate Products at CFA Institute and serves as the subject matter expert in portfolio management and equity investments. Previously, he spent two decades in the asset management industry as a portfolio manager and analyst. He holds a BA in economics from Colgate University and an MBA in finance from Fordham University. Topical Expertise:Equity Investments · Portfolio Management
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