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I say "as you might expect" if longer duration funds had better Sharpe ratios than shorter duration funds, shorter duration funds can be obsolete. Marya Marcum-Jones might be The Vanguard School's new principal, but she includes a long history at the Lake Wales boarding school for college students with learning disabilities. For example, Fidelity, belonging to its employees and its particular founding Johnson family, told me the reason is index funds charge less than the equivalent Vanguard funds. When stocks were tumbling, investors poured money into safe home assets like bonds. It was simply a day later that Cameron passed away from his injuries.

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