iBankCoin
Joined Nov 11, 2007
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Bogle: Risk of Black Swan Event Low but Real

“Investors need to “wake up” and prepare for unparalleled uncertainty facing the global economy, where black swan events — unlikely occurrences deemed impossible to foresee but appear obvious in hindsight — cannot be ruled out, said John Bogle, founder of the Vanguard Group.

Stocks, Bogle said, remain a choice investment despite the perceived risks associated with delving into equities markets.

“It’s urgent that people wake up,” Bogle told The New York Times. ”

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