Joel Dickson
Joel Dickson
agree anywhere calendar capital certainly close feeling gains higher late seeing taxes year
There's this feeling that capital gains taxes are going to be higher this year, which I certainly agree with, but I don't think we're going to be anywhere close to what we were seeing in the late 1990s and in calendar year 2000.
evolution natural talked vanguard
This is a natural evolution of what we have long talked about at Vanguard -- that costs, broadly defined, are important in assessing funds' returns.
cost largest single taxes
Taxes are the single largest cost for shareholders.
buying people worry
I worry that people are just buying performance.
situation
You have to take each situation individually, ... Don't make a knee-jerk reaction.