Don't Count on It!: Reflections on Investment Illusions, Capitalism, "Mutual" Funds, Indexing, Entrepreneurship, Idealism, and Heroes

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Don't Count on It!: Reflections on Investment Illusions, Capitalism,

Don't Count on It!: Reflections on Investment Illusions, Capitalism, "Mutual" Funds, Indexing, Entrepreneurship, Idealism, and Heroes

2018-02-20 Don't Count on It!: Reflections on Investment Illusions, Capitalism, "Mutual" Funds, Indexing, Entrepreneurship, Idealism, and Heroes

Description

A Passionate Advocate for Investors This book covers a lot of ground, with 35 chapters addressing seven main themes over a total of 586 pages. If you are already very familiar with John Bogle (who has written many books and delivered countless speeches addressing investment topics over a very long career in investments), then there is precious little in this book that you don't already know. However, if you are an investor who isn't quite that familiar with Bogle, then you may find this antholo. Don't Count On It! Reading the works of John Bogle has changed my life. After spending a lifetime investing with various companies and working with at least three different financial advisors with only marginal success, I finally encountered my first Bogle book some dozen years ago. I began reading Bogle then and have continued through these past dozen years continuing with his latest title Don't Count On It. In each of his works he speaks to the layman in a clear, well documen. Repetitive hospital cop 612 The author makes a very compelling argument for a potential investor to seek out mutual funds with the lowest possible cost. He also defends his position with backdated data. He demonstrates that the mutual fund with he started, Vanguard, has been a superior performer and a low cost leader in the industry for the past several years. But after reading half of his book I found that he simply repeated his arguments over and over again. It was almost as if he was

This compendium of his best writings, particularly his post-crisis guidance, is absolutely essential reading for investors and those who care about the future of our society." —ARTHUR LEVITT, former Chairman, U.S. Unfortunately, to this point their use seems to be dominated by those engaged in far more destructive investment approaches.You talk about inspiring the next generation of leaders and your mentors in Don’t Count on It. Bogle In Don’t Count on It, you discuss how we deceive ourselves, particularly with numbers. These ETFs should provide investors with their fair share of whatever the returns our financial market

His unashamed display of such old-fashioned virtues, as well as his heretical view that running a business is not entirely about maximizing the wealth of the owners, has earned him the nickname ‘St. We’re lucky and privileged to have him fighting on our side.  As Bogle noted in his book, Machiavelli “described the accumulation of worldly ‘glory’ as the motivating principle that drives leaders to undertake ‘great enterprises’ and do ‘great things’ on behalf of their fellow citizens and not just themselves.” Hard to find a better description of Bogle himself." (MarketWatch)“Mr Bogle’s prescription for a better system is relatively simple: to demand proper fiduciary management from money managers. As most traders and investors remain convinced that they can beat the market, it’s always sobering to hear a compelling voice from the other side.”