Don't Count on It!: Reflections on Investment Illusions, Capitalism, "Mutual" Funds, Indexing, Entrepreneurship, Idealism, and Heroes
By John C. Bogle and Alan S. Blinder
3.5/5
()
Currently unavailable
Currently unavailable
About this ebook
"This collection of Jack Bogle's writings couldn't be more timely. The clarity of his thinking—and his insistence on the relevance of ethical standards—are totally relevant as we strive to rebuild a broken financial system. For too many years, his strong voice has been lost amid the cacophony of competing self-interests, misdirected complexity, and unbounded greed. Read, learn, and support Jack's mission to reform the industry that has been his life's work."
—PAUL VOLCKER, Chairman of the President's Economic Recovery Advisory Board and former Chairman of the Federal Reserve (1979–1987)
"Jack Bogle has given investors throughout the world more wisdom and plain financial 'horse sense' than any person in the history of markets. 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. Securities and Exchange Commission
"Jack Bogle is one of the most lucid men in finance."
—NASSIM N.TALEB, PhD, author of The Black Swan
"Jack Bogle is one of the financial wise men whose experience spans the post–World War II years. This book, encompassing his insights on financial behavior, pitfalls, and remedies, with a special focus on mutual funds, is an essential read. We can only benefit from his observations."
—HENRY KAUFMAN, President, Henry Kaufman & Company, Inc.
"It was not an easy sell. The joke at first was that only finance professors invested in Vanguard's original index fund. But what a triumph it has been. And what a focused and passionate drive it took: it is a zero-sum game and only costs are certain. Thank you, Jack."
—JEREMY GRANTHAM, Cofounder and Chairman, GMO
"On finance, Jack Bogle thinks unconventionally. So, this sound rebel turns out to be right most of the time. Meanwhile, many of us sometimes engage in self-deception. So, this book will set us straight. And in the last few pages, Jack writes, and I agree, that Peter Bernstein was a giant. So is Jack Bogle."
—JEAN-MARIE EVEILLARD, Senior Adviser, First Eagle Investment Management
Insights into investing and leadership from the founder of The Vanguard Group
Throughout his legendary career, John Bogle-founder of the Vanguard mutual fund group and creator of the first index mutual fund-has helped investors build wealth the right way, while, at the same time, leading a tireless campaign to restore common sense to the investment world.
A collection of essays based on speeches delivered to professional groups and college students in recent years, in Don't Count on It is organized around eight themes
- Illusion versus reality in investing
- Indexing to market returns
- Failures of capitalism
- The flawed structure of the mutual fund industry
- The spirit of entrepreneurship
- What is enough in business, and in life
- Advice to America's future leaders
- The unforgettable characters who have shaped his career
Widely acclaimed for his role as the conscience of the mutual fund industry and a relentless advocate for individual investors, in Don't Count on It, Bogle continues to inspire, while pushing the mutual fund industry to measure up to their promise.
John C. Bogle
John C. Bogle is founder of The Vanguard Group, Inc. and president of the Bogle Financial Markets Research Center. He created Vanguard, one of the two largest mutual-fund organizations in the world, in 1974 and served as Chairman and CEO until 1996 and Senior Chairman until 2000. Designated by Fortune magazine as one of the investment industry’s four “Giants of the 20th Century,” in 2004 he was awarded the Woodrow Wilson Award from Princeton University, his alma mater, for distinguished achievement in the nation’s service. That same year Time magazine named Mr. Bogle one of the world’s 100 most powerful and influential people.
Read more from John C. Bogle
The Bogleheads' Guide to Investing Rating: 4 out of 5 stars4/5Character Counts Rating: 0 out of 5 stars0 ratingsThe Power of Passive Investing: More Wealth with Less Work Rating: 0 out of 5 stars0 ratingsCommon Sense on Mutual Funds Rating: 4 out of 5 stars4/5A Decade of Delusions: From Speculative Contagion to the Great Recession Rating: 0 out of 5 stars0 ratingsJohn Bogle on Investing: The First 50 Years Rating: 0 out of 5 stars0 ratingsSaving Capitalism From Short-Termism: How to Build Long-Term Value and Take Back Our Financial Future Rating: 4 out of 5 stars4/5We Can Make the World Economy a Sustainable Global Home Rating: 4 out of 5 stars4/5
Related to Don't Count on It!
Related ebooks
The Man in the Arena: Vanguard Founder John C. Bogle and His Lifelong Battle to Serve Investors First Rating: 0 out of 5 stars0 ratingsFrom the Sea to the C-Suite: Lessons Learned from the Bridge to the Corner Office Rating: 0 out of 5 stars0 ratingsSummary of Ray Dalio's book: Principles: Life and Work: Summary Rating: 5 out of 5 stars5/5Generation Ageless: How Baby Boomers Are Changing the Way We Live Today…And They're Just Getting Started Rating: 4 out of 5 stars4/5Caldwell and Company: A Southern Financial Empire Rating: 0 out of 5 stars0 ratingsThe Brilliant Jerk Conundrum: Thriving with and Governing a Dominant Visionary Rating: 0 out of 5 stars0 ratingsAll Things Well: Helping Youth Discover Their Open Door Rating: 0 out of 5 stars0 ratingsRedlining To Reinvestment Rating: 0 out of 5 stars0 ratingsThe Servant Way: Leadership Principles from John A. Lejeune Rating: 0 out of 5 stars0 ratingsThe Power of Being Articulate: The Thoughtful Leader's Model for Wealth and Happiness Rating: 5 out of 5 stars5/5Fighting Financial Crises: Learning from the Past Rating: 0 out of 5 stars0 ratingsJoe Wilson and the Creation of Xerox Rating: 4 out of 5 stars4/5Different Essays: (They’Re Certainly Different) Rating: 0 out of 5 stars0 ratingsDare Disturb The Universe: A Memoir of Venture Capital Rating: 5 out of 5 stars5/5Quality: a Total Management Concept: A Philosophical Approach Rating: 0 out of 5 stars0 ratingsThe Next Economy MBA: Redesigning Business for the Benefit of All Life Rating: 0 out of 5 stars0 ratingsThe Clean Money Revolution: Reinventing Power, Purpose, and Capitalism Rating: 0 out of 5 stars0 ratingsImpact ED: How Community College Entrepreneurship Creates Equity and Prosperity Rating: 0 out of 5 stars0 ratingsWake-Up Call: Economic, Political, Social, and Psychological Factors That Can Erode Your Wealth Rating: 0 out of 5 stars0 ratingsPopulism and the Future of the Fed Rating: 0 out of 5 stars0 ratingsFinancially Stupid People Are Everywhere: Don't Be One Of Them Rating: 4 out of 5 stars4/5The Global Debt Crisis and How We Can Get out of It Rating: 0 out of 5 stars0 ratingsThe American Dream Declassified Rating: 0 out of 5 stars0 ratingsTransformations: Paradise Next Time Rating: 0 out of 5 stars0 ratingsPandemics and Behavior Finance Control Wall Street Volatility: Where Emotions Rule Rating: 0 out of 5 stars0 ratingsADELA: The Noble Birth and Costly Death of Early Venture Capitalism in Latin America Rating: 0 out of 5 stars0 ratingsIt Takes a CEO: It's Time to Lead with Integrity Rating: 3 out of 5 stars3/5Kharaktability: The Secrets to Transgenerational Leadership Rating: 5 out of 5 stars5/5Financing the Green New Deal: A Plan of Action and Renewal Rating: 0 out of 5 stars0 ratings
Finance & Money Management For You
The Intelligent Investor, Rev. Ed: The Definitive Book on Value Investing Rating: 4 out of 5 stars4/5The 7 Habits of Highly Effective People: 15th Anniversary Infographics Edition Rating: 5 out of 5 stars5/5Good to Great: Why Some Companies Make the Leap...And Others Don't Rating: 4 out of 5 stars4/5Financial Words You Should Know: Over 1,000 Essential Investment, Accounting, Real Estate, and Tax Words Rating: 4 out of 5 stars4/5The Psychology of Money: Timeless lessons on wealth, greed, and happiness Rating: 5 out of 5 stars5/5The Richest Man in Babylon Rating: 4 out of 5 stars4/5Strategy Skills: Techniques to Sharpen the Mind of the Strategist Rating: 4 out of 5 stars4/5How to Make Money in Stocks: A Winning System in Good Times and Bad, Fourth Edition Rating: 5 out of 5 stars5/5The Book on Advanced Tax Strategies: Cracking the Code for Savvy Real Estate Investors Rating: 4 out of 5 stars4/5Principles: Life and Work Rating: 4 out of 5 stars4/5Just Keep Buying: Proven ways to save money and build your wealth Rating: 5 out of 5 stars5/5Alchemy: The Dark Art and Curious Science of Creating Magic in Brands, Business, and Life Rating: 4 out of 5 stars4/5The Great Reset: And the War for the World Rating: 4 out of 5 stars4/5Wealthology: The Science of Smashing Money Blocks Rating: 3 out of 5 stars3/5Quiet Leadership: Six Steps to Transforming Performance at Work Rating: 4 out of 5 stars4/5The Great Awakening: Defeating the Globalists and Launching the Next Great Renaissance Rating: 4 out of 5 stars4/5The Win-Win Wealth Strategy: 7 Investments the Government Will Pay You to Make Rating: 0 out of 5 stars0 ratingsCapitalism and Freedom Rating: 4 out of 5 stars4/5ABCs of Buying Rental Property: How You Can Achieve Financial Freedom in Five Years Rating: 5 out of 5 stars5/5The Tax and Legal Playbook: Game-Changing Solutions To Your Small Business Questions Rating: 3 out of 5 stars3/5The Total Money Makeover by Dave Ramsey: Summary and Analysis Rating: 4 out of 5 stars4/5
Reviews for Don't Count on It!
4 ratings0 reviews