John Bogle on Investing
Subtitle: The First 50 Years
Contributors: Paul A. Volcker (Foreword)
Publisher: McGraw-Hill Companies; McGraw Hill
Published: September 13, 2000
Language: eng
Number of pages: 455
ISBN-13: 9780071364386
Description: Presents the speeches and master's thesis of John Bogle, founder of The Vanguard Group mutual fund company. Bogle's writings cover investment principles that he has stressed throughout his career: the majesty of simplicity in investment strategy; the productive economics of long-term investing; the counterproductive emotions that can forfeit investment success; the universality of indexing in the financial markets; and minimizing the "fiscal drag" of sales charges, management fees, turnover costs, and opportunity cost.