Parting words from Vanguard’s CIO

George “Gus” Sauter joined Vanguard in1987. That’s when investing in index mutual
funds was beginning to catch on. As the fund
company’s chief investment officer for the last
nine years, he helped Vanguard grow to
manage roughly $2 trillion in assets.
Sauter left his post at the end of 2012 and
is taking a few months off. Before he
moved on, he shared some parting
thoughts.
George “Gus” Sauter joined Vanguard in 1987. That’s when investing in index mutual funds was beginning to catch on. As the fund company’s chief investment officer for the last nine years, he helped Vanguard grow to manage roughly $2 trillion in assets. Sauter left his post at the end of 2012 and is taking a few months off. Before he moved on, he shared some parting thoughts.