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A comment on Vanguard's Low Blow. Parent comment

Re:Vanguard's Low Blow by morgante on Friday February 12, 2016 @06:17AM (#11086496)
It's complicated by the fact that a non-negligible portion of the funds are held in retirement accounts where potentially no taxes are paid on the returns.
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Re:Vanguard's Low Blow by mirimir on Friday February 12, 2016 @06:21AM (#11086511)
Fair enough. But that's why some investors prefer not-for-profit funds, no? There's nothing underhanded going on.
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Re:Vanguard's Low Blow by morgante on Friday February 12, 2016 @06:23AM (#11086518)
I agree that there's nothing underhanded going on and Vanguard offering lower fees is a net benefit to society.

That being said, I sort of see how a legalistic argument could be made.

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Re:Vanguard's Low Blow by mirimir on Friday February 12, 2016 @06:42AM (#11086576)
It is true that most (maybe virtually all) not-for-profits serve the general public, more or less, and not just their owners.
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