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Welcome to the market foolery.

I'm Chris Hill joining me in studio from M-FAM Funds, Bill Barker.

Thanks for being here. Thanks for being here.

Thanks for having me.

The market is closed today, so we're going to dip into the full mail bag, and let's just

jump right in.

By the way, you can always email us, market foolery at fool.com is our email address as Tom George did.

A question from Tom George is the size of index funds becoming dangerous and he included a link to a commentary from the father of index funds

himself, John Bogle.

Yeah, and Bogle's article talks about not so much the returns to investors or any volatility,

which is what index funds are sometimes spotted up as perhaps having a problem,

given the concentration of certain funds,

or certain stocks in index funds,

but really on the voting power of shareholders and corporate

governance.

That is, if the trend is that there may soon be 50% of the market in index funds and index funds themselves

are highly concentrated in the three largest players at being Vanguard, State Street and Black Rock,

then what, you know, who's going to be exercising actual voting control over boards and that's what his articles

about.

...