First, the stocking stuffer: Warren Buffett’s annual shareholder letter is out today.
Second, the present under the tree that likely actually has an effect on you is Vanguard’s latest announcement of cost reductions. Fellow investing cheapskates, it’s time to do a little dance.
Vanguard’s news is particularly celebrated on this blog because most clients have a majority of their portfolios invested with Vanguard funds. The highlights: