Why John Neff was one of the last true ‘star’ managers | Your Funds

 Your Funds Over breakfast one summer morning in the late 1990s, I asked Vanguard Group founder Jack Bogle — creator of the index fund and staunch believer in passive investing — what he would say to anyone who suggested that frothy times had made it “a stock-picker’s market.” I can’t recall Bogle’s exact answer, but...

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Hunt for cause of massive South America power outage begins

BUENOS AIRES, Argentina (AP) — As lights turned back on across Argentina, Uruguay and Paraguay after a massive blackout that hit tens of millions people, authorities were still largely in the dark about what caused the collapse of the interconnected grid and were tallying the damage from the unforeseen disaster. Argentine President Mauricio Macri promised...  VIEW