'Random Walk' Malkiel on rates, risk, and why Vanguard changed

Princeton prof tells why fund giant won't disclose CEO pay

by Joseph N. DiStefano

Published Jan. 13, 2015, 11:18 a.m. ET

{"ENV":"VWBZRXchQV1Ub1lfdiJaTXxdc1x0MlIFaEAMCg==","CONTENT_BASE_PROD":"UH9/Wlo+eExUc1VZdjFWA3xzaE93DHQFf2BoB3ccY198cGAHdxxzWH9jeE9jMnNdf2BjW3QMdExrXXQHdCJnWX9zVk9gHHRMf2NdW2Mhb1x8YHwHYBx4BH9dVk12IXBPa11VX2MhY18=","ARC_ACCESS_TOKEN_PROD":"a1pdWWAcWUVrY1lOWCJaTXxzcEB0MnRNf01/XHcyYExoTWBNdDF4Qn9jdAN0MXwFfGNnXXciUk9rY3hPdwtgTWtga190DGBPfGNzX3QyeAR8TXgGYzF4Bmtzf150HFJCaFpkBnQidEJ8BXdfdDJeTGtge1t0IllZfnNzXnQxbEJ/WmROdxxeQmhgZEB3IW9Yf3NwT3QxcEJrc3tcdDFgBXxdcE9jMX9daAVoBWMyZ1hoYGteYwxnWWtdY1p0Mn9ZfmB7XnQMUk18cGQDYwxeCA==","GRAPHQL_KEY":"a3N3XnYif15TTXtEYzFeA3xdaAd2InwFf11STncxYEJ8TVIHdyJ8THxafAZ0DHgAfGNzW3QcbEJoXXhNYwxwB2hdaE9gHH9cfHN4QGMyYABrY3AGYAtwT3xjYAZ2MXxPfHNSQHY3CAg=","GATEWAY_URL":"fm90T3Y+fEJ+f2MEYwxaTX9jdAV3MWwEfHNzWnchcAR8Y3NbdCJjWXxjYAZ0IlYGaF1zWnQhZAV/Y2BOYwxSQnxNZ15gDGBMfAV7X2AMc1hrcHQDYAtkCA==","GATEWAY_SLS_URL":"U3BCTXcLWgVoYFIHWzJaBXxzc113MWQEa110BHchYEJ+c3dcdyJvWWhjdEB0MWQGfmNwQHQyYAV8Y3deYzF8BXxzZEBjMnRPfmB4A2ALY1l/YHddYzJkCA==","FEEDS_URL":"UnBdQGMhQQRTc3gCXQxaBGgFZAJ0MlJCaGN0BXQhZEJ8XWAEdyJ0QnxzcE90MnxPf3N3XXQyUgVoXXddYAtnXGgFaEB0DHRPaGNzWmMyUk1/XXhAYzJdXHxNUgV0HHhPf018TWMyd1h+cGhOYzJwQmtQDAo=","RESIZER_KEY":"Un93QF0uc11Tc2dDdxxaBX9zf190IlJNf11SAncxfE9/TWgGdAx8BHxjd150DF5CfGN4BXchY1l8c3AEYAxSTH9jYAZ3C39Yf11/X3Qib1h+c3xNYwt7XX9NeE9gC2NYfmN0BA==","GOOGLEANALYTICS_ID":"U1l7QHdUWgBSXXdDXCFsA39geAZ3MmQBf01SQHQyd1l/cGRAYwxgBn9jUk5gMngE","TWITTER_API_TOKEN":"U2BdBF0hDER8f1ZPXT50A3xNUk5gMn9dfFp8QHchYAB/Y2RPdDJWAXxjfE50IWNefF1aTXccf1xrYGhPdBxvWWtaeAdjDHtcfE1rW3QxYAd8Y2RAYDJ8TWtadE90MnNcaF1aT2MLbARrY3hNdDFsQmtaY1p3C2AGf2B7WnYyXkJrYGROYAx0BHxjd1p3C2NZa2BnW3ccZAB8Y3QCd1RjX2tze112InNdaE1nWmAxYEx8Y3NedjFkBWhjXV13IWQHa11rXXYxZ1hrWmdaYDFvWX9zXVt0C3NZfHB4QHYxZEJoBWNbYyFgB2tdY1pjMXAGfGN7X3cLeExrYGNfYDFsB2tzY1tgDHNeaE1aAncxYAZ+Y39cYzFkBWgFdE90VGdfa3NdXXYheEJ+c39cdyJZWWtdVV10VGQBaE1oCg==","GOOGLE_CLIENT_EMAIL":"VU1nTmAyZExQWWsHdjFeA3xjWgZ0InBCf3BoT3QcY198Y3xAdBxzX39zVkB3MnNff01kQHYyc1hoXWgHdyFgT3xzcAdgMlYGfGN7WnQMVk98BXhNdBxRWX9NXVt0MnwEfAVjXnQLYARrXXtfdwtjXHxdZ150VH9ffHN7WnYhYARoYGNadxx8B2had1x0MntdaGBkAmMxb1l8WmBOYBxeAGhNeAo=","GOOGLE_PRIVATE_KEY":"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","BLUECONIC_ENDPOINT":"UF1/RWNUTUJQc2tPWjFaA3xgYAZgHHQFf3NaBncidE98c2gHdBxwAHxza1tgMnNZf014BmMhYAR8YGtadDJzXGhaZ1p3DHtfa2NaBncyVgd8BXdadwtgTWtafAZ3VH9d","BLUECONIC_STORE_ID":"U2BJT3dVWQR/WXxPdBxaQmhNcE10MnxCfF13XXQcbEJ8c3dcdCF8BX9jZEB0IntYf01SBXRUfE9/XWAEdyJkBXxNYEB0MXxMf3N8QHdUcE9/XXgHdwx4T3xzY1p3C2xMfF1/W3QMc1x+cGhPdAx0CA==","BLUECONIC_KEY":"aARzQFhVcwRVXXtEWAhwA3xjeE9jDHRPfHNgBnccd1l8Y1YGYycICA==","BLUECONIC_SECRET":"aFpJR1sycEJTc3tEWy5wA3xNaE1gHH9cfGB0BnciZAV8Y1pAdjJ7XXxjaE1jIWBPf3NwTWMMe15/Y2QHYAtgBH9NYE9jMnAFa1p3WnQhYE18TWRNYFR8BH8FYAdjMmBNa2NSQGABCAg=","AMP_AUTH_BASE_URL":"a11ZT3YhZ19QXXMEWlVkA3xwY152InQAf2BoT2Ayc1h8YHgGdxxkT3xga1p3MnNefwV0B3cLf198YGhPdDJjWGhdcEBgMntcf3B3W2AcZE9rXVYHdFRsBWtgfE1jC39cfE13W3cLbEJrY2dfYyFsB2hjYE52MnRNa11/X2ALZ1hrc3tbYBEICA==","AUTH0_DOMAIN":"aG9oT1oye1t/Y39ZXVR4A3xwaE90HGBPf2BoT2AydEJ/cGgGYBxwAGtdYE93InAHa118B3ccd19/c2hPYAxnXg==","AUTH0_CLIENTID":"awRjAVw+b1tSWWBPdDFwA3xwaEBjMmdYfFpgT3QyeE18YHwHYAt8TH9dcEB0InQGf2N8B3cyZAd8Wn9bYzJwTHxjfAVjMnQBfHN8TnQhbE9rXVZAYzJ8B2tjcAdgHHQEf2NSB3cnCAg=","PIANO_ID":"aARnXl1UDFhoY1UGWDJaTHxjdE50DHBNf017WnQiUkJ/c2QGdCFwTH9mDAo=","MIXED_CONTENT":"fwVBWFwIb0B8cFZNWAtgA39jWkBjDHddf2NgB3QMdEJ/c2RPdiJnXHxzdE9gHGQEf3NjW2AcdABrXWBPYBx0B3xjUgd2ImBNf2B7XnQLYEx8Y3gHdxx4QnxNYAR0IW9faGN/WmMxY1k=","VIAFOURA_SITE_UUID":"fFpnWHY+d0RVWmdFWCFkA39jYAZ0MmNZfHNwT3cydE1/cHQGYBx0B3xdcAZgMlZMa2N8TmAcUV58TXBOdDJkTXxdcE50HHBPfFp8BHQcf158XXwFYyJ7XnxdXVp3MnhNfAVoTXYieAZ/WmRNdCJ4Qg==","GOOGLE_CLIENT_ID":"f397AVgxTUBUf3ACXSFsA39gdE93HHABf3NSB2AMdEJ8Y3RAYBxnX3xjWkBgVHwHf3B/WmALYAF8YGhPdDJ0BHxwZAd3InhCf2NZXmMLb11rXXdbYDJ/XGtjVk13MW9df11ZWmMieAV/WmROd1RgTHxwe1t2MWAEa11rWnYiY19rYGNadCJgQmtza1p3MXgBa11/XXQyc1hrc3QFYwxzXmhNYAJ3InNZfHNdXHYyd1hoTWRAdyJ0BX9zdEB0HHAEf3N8QGMhZ158YGRPdDJwTw==","AUTH0_BASE_URL":"VVoEWHccbARTWgRAYzJaBGhjcAJ0ImwEa2NjXnQiXk1oY3ROdCFgTX9dYE90InxMaAV4BmAMfEJrYGQHdDJvWHxjd190DGNZfF14AndUZAVoY2NfdAxSTGhaaAJjDGdZfFprX2MLb1x8QAwK","CHARTBEAT_DOMAIN":"VHBoB3YhUU9SY3MGWDJaTX9dcE13MmxNf11jW3QyZEJoXWdadCF/WWhjc1p0MnAI","G_OPTIMIZE_CONTAINER_ID":"VXBCQFsyf09VWllFWyJaTHxjeAZ0IWQEf018A3QMcEx/TWdedFRkQn9zf18=","G_TAG_MANAGER_CONTAINER_ID":"UGAABlw+f1lVb3xPYy54A3wFYE53MnwFfFpoBWAceAB/c2BOdCJvWXxNdAo=","SF_CLIENT_SECRET":"aFpkBVgLZ0NTY1VYYFRwA3xdcAZ0MlYEf2NwQHQMYAR/Y2BAYAx8B3xddE53ImNffHB4QHYieAF8XWBNYwx4TH9NZE5gDGdcfE1STnYyf19/BXRAYAx0BXxNVgd0DGwFfE1WTXQidAd8BXxAYBxsTH9gaEBjIndcfE1SBWAyeAV8c1pAYwtjWHxjaAZ3DHdZfHN0QHQcdEJ/c3dadCJwQnxweE9gDHNdf3N0T3QicARoTWBAdCF8THxjUgo=","G_RECAPCHA_V3_KEY":"VGNoQHRVf1l+cAlOXRxaTH5jVV13Il4EfGNSB3QifAd8XX9cdzJ0T39dd113C3xNfnNVW3QLYE98XWdcdAxsBHxddAZ0InQGa1p4BGAMWVhoY3dcdzJeT3xzcEB0MmRNaE1oAncibAVoTXhAYBxWTWtwZAN3InxMfmYMCg==","G_RECAPCHA_V2_KEY":"fmBjBFwIdwRTWncGXTFsA39NfEB0IntefGNWTXQMdAZ8cHRNdAxwTXxjaE10MlYFfwV0TmAcfE98Y3xNdxx8T3xgfE93MngGa2BgBnQcd118c2taYAxwT3xadAZgHHRMfGNwTmAycE1oXXBAdCFkBnxNWVp3HHQEfE1wCg==","GROWTHBOOK_CLIENT_KEY":"f1pjTWMyd1lTb2MHdAh8A3xwfE92IntYfHNwQHcccAR8XWRAYBx8BX9zYAdjDGdZf3NaTXccY19/c1pPdAtgBQ==","SOPHI_HOSTNAME":"VU17T1suZ0BUWWBNWCF4A3xjWgZ3HHBPf3N4BmMidAB8c3BPYAxnXmtgeE93InRCaF1SQGAccE9rXXQK","HTL_SCRIPT":"fmNgBFshUUBUf3ACXQteA39zWgZ3DHABfHNWTncydAV8c1ZAYBxnXX9geE90Mmdff01gQHQyc1l8Y2NbYDJnWGtdfAdgMmdYa2B3XnQhfE9oXXhPdxx8TXwFaAd3MngEaF1zWmALYAB/BWteYyF8AXxNZ1p3VGwHa2NWTnciVgV8Y2dddiJvXX5jYAJ3VGwF","LIVEBLOG_WS_SERVER":"fGB7BlgiWQdVY2dDWz5aA39gaEB3HHAGf3NoT3QicE18cGgGYDJwT2tgZEBjImQHa2NST3Yic1h/c2RAdxx3XWhdeE90DHxMf3NSQGMyeEJrWmNadjF8Bg==","SOPHI_SCRIPT":"a2N4BFwIRU1+f1JPYy58A3xjZAZ0InABf3N8T2MyeAR8c2AHYDJ3XnxddAd2InwGf2BgQHQMd1x8c2hAdCJkT2taZ152IWABfE1aBmAxfAF/c11bdAtvXWtdeAR3C2wGf01rWncxYARrYHdfdCFzWXxdcE13VG9ZaF1STnQLf11rXXdcdAx0TX5jfAV0MWAFa2BjW3YibAd8WnQCdCF7XmtwZ112MlleaGB4Cg==","STATS_WIDGET_CLIENT_ID":"fHNaTloLRQRUf38BWiFZTX5dYE93MmwFfGN3XHcheEJrY3QFdDF4TWtjcE10MWRCfmNwTXcicAV8TXAFdDJSQmtzcAdjDHgFfGYMCg==","_id":"c095cec3449342a6014b6849a5ecacb09b84cfc0f8bbfc1abb584abf8ac5b5c1"}