Jack Bogle (founder of Vanguard and ETF pioneer) stated that 'Commodities are a real losers game... in the long run they have no internal rate of return. You buy a commodity, gold is a good example. You're betting you can sell it to someone for more than you paid for it,' representing the investment community's general skepticism toward commodities.
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Mike IppolitoEvidence Quote
“from Jack Bogle... Commodities are a real losers game... in the long run they have no internal rate of return. You buy a commodity, gold is a good example. You're betting you can sell it to someone for more than you paid for it”
Created: 8/12/2026, 10:20:03 PM
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