The minds behind one of the world's oldest mutual funds share timeless investing truths for another century of gains

Business Insider

• The Vanguard Wellington Fund, formed before the Great Depression, is still thriving.
• Its portfolio managers shared how they've crushed the competition in recent years.
• Here's how the team picks stocks — and while they're still big believers in bonds.

Having a healthy respect for history doesn't necessarily mean living in the past. Nor does it mean driving a car by only looking through the rearview mirror.

Managers of the Vanguard Wellington Fund (VWELX)...