The Clash of the Cultures
Vanguard Group founder John C. Bogle discusses changes in the culture of the mutual fund industry and how speculation has come to dominate investment. The book presents a hard-hitting look from the creator of the first index fund. Over the course of his sixty-year career in the mutual fund industry, the author has witnessed a massive shift in the culture of the financial sector. The prudent, value-adding culture of long-term investment has been crowded out by an aggressive, value-destroying cult
ISBN: 9781118262818
🎯 Who Recommends This Book 3
Warren Buffett
Finance & Investing"For investors, the most valuable takeaway is his list of 10 simple rules of “Common Senses Investing.” According to Bogle, it “may not be the best strategy ever devised. But the number of strategies that are worse is infinite. One of my favorite lines from the book: “Where returns are concerned, time is your friend. But where costs are concerned, time is your enemy.” (Why? Because it can pretty much apply to all aspects of your life, not just investing.)"
blog View source ↗Peter Adeney
Media & Journalism"Read any book by John C. Bogle, the founder of Vangard."
blog View source ↗Mr. Money Mustache
Media & Journalism"Read any book by [this author], the founder of Vangard."
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