Podcast: Why has the number of public companies fallen?

January 17, 2018

James Rowley

Jim Rowley

An episode in Vanguard's Investment Commentary series.

Over the past 20 years, the number of public companies in the United States has declined. A research note from Vanguard explores what some might find to be a surprising nearly 50% drop in the number of U.S. public companies. Is this something investors should worry about?

In this 10-minute podcast, Jim Rowley of Vanguard Investment Strategy Group allays any worries investors may have in connection with this trend.

For more information on this topic, please read the research note.


  • All investing is subject to risk, including the possible loss of the money you invest.


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