#545. Vanguard: The Communist Capitalist Who Saved Investors a Trillion Dollars
Vanguard revolutionized asset management through a unique mutual ownership structure, saving investors approximately $1 trillion by aligning incentives and leveraging the compounding effect of low fees.
入选理由:Vanguard 采用互惠结构,基金投资者直接拥有公司,消除了外部股东与客户之间的利益冲突。



