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Quote of the Day

"Mr. Bogle hadn’t always been his own industry’s harshest critic. Like St. Paul, the former persecutor of the first Christians, Mr. Bogle blazed with the zeal of the convert; he knew about high fees and performance-chasing firsthand. He had long defended many of the industry practices he eventually derided."

(Jason Zweig)

Chart of the Day

Can the economy doing that badly if railroad stocks are bouncing back?