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Bola's friend Marshall heard a speech by John C. (Jack) Bogle, founder of The Vanguard Group of MutualFunds, one of the lowest cost and most
Bola's friend Marshall heard a speech by John C. (Jack) Bogle, founder of The Vanguard Group of MutualFunds, one of the lowest cost and most successful group of funds.Jack said that with the increasing need to reduce carbon emissions, it is unlikely that long term stock returns can exceed 6% per year. Steps to reduce carbon will likely reduceprospects for economic growth in Mr. Bogle's opinion. How much will Bola have if Jack Bogle iscorrect and the earnings will be 6% per year compounded annually?XQiOmZhbHNlfQ==;
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