The most vocal critic of ETFs is John Bogle, Vanguard's former boss.
ETF最严厉的批评者是JohnBogle，先锋集团的前老总。
Vanguard founder John Bogle suggests 8% a year as a reasonable return.
先锋公司创始人约翰·博格尔建议，8%的年回报率是比较合理的。
Bogle is the founder and former chief executive of the Vanguard Group of Mutual Funds.
鲍格尔是美国先锋共同基金的创始人和前董事长。
And Messrs Bogle and Malkiel are right to argue that the low-cost appeal of index funds will be diluted if too many bells and whistles are added.
宝格先生和麦基尔是正确的，他们宣称如果过多华而不实的因素被加在指数基金上的话，它低成本的吸引力将被减弱。
And Messrs Bogle and Malkiel are right to argue that the low-cost appeal of index funds will be diluted if too many bells and whistles are added.
宝格先生和麦基尔是正确的，他们宣称如果过多华而不实的因素被加在指数基金上的话，它低成本的吸引力将被减弱。
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