Hot Reads: Vanguard’s ETF Patent Expires After More Than $100B in Gains

Patent That Helped Vanguard Clients Pocket Big Gains Expires (Bloomberg) 

Fund structure gave the Bogle-founded firm an edge since 2001. 

Crypto Industry Bets on New Supreme Court Doctrine to Push SEC Out (Blockworks) 

Crypto companies hope it will set the legal precedent for the agency to step aside. 

Progress Made in White House Debt Limit Meeting (CNBC) 

Talks to continue as U.S. rushes to prevent default. 

Berkshire Hathaway Reworks Banking Bets Amid Sector Turmoil (Financial Advisor) 

This is far from Warren Buffett’s first revamp of his company’s financial stock picks. 

What Happens If the US Defaults on Its Debt? (Of Dollars and Data) 

How it could impact your finances. 

Nothing Typical for Stocks After Fed’s Last Hike (Advisor Perspectives) 

Analysis shows an extraordinary range of outcomes since the S&P 500’s inception. 

Why Pay Up for Bond Funds? (Morningstar) 

Cheaper funds consistently outperform pricier offerings. 

Pessimism Reigns Supreme Among Fund Managers (Benzinga) 

Bank of America survey reveals five “contrarian” trades to watch. 

How Investors Should Think About Alternatives to Stocks and Bonds (Validea) 

How to analyze the pros and cons of these strategies.