The fact that Vanguard is growing faster than everybody else combined is interesting indeed. The article itself, however, reads like one big ad for Vanguard. The fact that the NYT is somewhat affiliated with them ("They number well over 20 million and include New York Times employees: Vanguard runs the company’s 401(k) retirement plans.") doesn't help either. What I miss is a critical examination of the situation. They're just drinking the Kool-Aid.
Although negativity on HN is often too high I am glad it is here when it comes to articles like this one!
Although negativity on HN is often too high I am glad it is here when it comes to articles like this one!