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View Full Version : George "Gus" Sauter



Marvin S
12-31-2012, 09:08 PM
I'm sure it's a name foreign to many of you! He is stepping down as CIO at 58 (I standing for investment) of the Vanguard funds, a 2 trillion dollar under management operation.

In the article about him - he has been at Vanguard since 1987 - said he wished that he would have pushed into more risky investments for himself when younger - believes the bond market is in a bubble & will hurt investors in the future - for bondholders, you do know that if bonds begin to return a higher interest rate the value of the bond will decline except at maturity?

While I am not a fan of indexing, some of their funds are very good, some very mediocre - but they tell you what to expect from the git-go.