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📰 Tim Buckley to step down as CEO of $7.2 trillion asset manager Vanguard.
💡 I’m not surprised at all. If you are in finance you know how this works. Tim pulled the handbrake on Vanguard at a crucial time in the most important ETF of all time. No bueno.
Do you know how much fees they are losing? How many clients may you have lost? The reputation of "not very innovative" that they have built by not accepting the bitcoin etf, etc. Chances are the next CEO will do something about it. Get ready!
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