The "father of the index fund" was famously skeptical that exchange-traded funds would encourage risky and speculative stock market bets. By Anand Gupta
https://www.financial-planning.com/articles/one-day-only-etfs-are-jack-bogles-nightmare-brought-to-life?utm_source=dlvr.it&utm_medium=blogger
https://www.financial-planning.com/articles/one-day-only-etfs-are-jack-bogles-nightmare-brought-to-life?utm_source=dlvr.it&utm_medium=blogger