The base of the jovial groove as the little group walked was a lilting, repeating riff on the kora, the 21-string harp-lute that a musician played with its base propped against his torso, plucking with his thumbs. â
The Vanguard team was still working on a test vehicle (TV-2) designed to test the first stage of the rocket when they learned of the launch of the world's first artificial satellite, Sputnik I, by the USSR on October 4, 1957. On December 2, the Department of Defense announced the imminent launch of TV-3.
The Vanguard Group is the grandaddy of low-cost indexed based mutual fund investing. Started in 1975 by Jack Bogle, he understood over 80% of actively managed funds did not beat the marketâs indices. His mantra, is you arenât best to beat the market, you should become the market, and focus on low cost fees.