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John Bogle: A Savings Innovation And Philosophy That Remain Relevant
FYI: John Clifton Bogle works in a sunny office lined with books, piles of newspapers and research, paintings of Napoleon's battles, and Frederic Remington cowboy sculptures. At 87, he has slowed down only a little. Former Vanguard CEO John Bogle. "I used to work from 6 a.m. to 6 p.m., but I don't do that anymore," said Bogle, who was ready to greet a reporter at 9 a.m. sharp at Vanguard headquarters in Malvern. Regards, Ted http://www.philly.com/philly/business/20161113_John_Bogle__A_savings_innovation_and_philosophy_that_remain_relevant.html
We should all be thankful of what John Bogle has meant to the mutual fund industry. His contributions go beyond smart. They are wise. Yet he remains a humble man with a set of investment rules that are general and simple. Here is a list of his 10 rules as presented in the referenced article:
Good stuff! I'm sure you guys are all familiar with these rules and likely deploy many of them while managing your portfolios. It's a great confidence booster when a financial wizard of Bogle's status adds his approval to rules that you probably apply.
These common sense rules carry weight for both active and passive investors. Not unexpectedly, cost control and patience are crucial elements in the rule set.
Comments
We should all be thankful of what John Bogle has meant to the mutual fund industry. His contributions go beyond smart. They are wise. Yet he remains a humble man with a set of investment rules that are general and simple. Here is a list of his 10 rules as presented in the referenced article:
http://www.cbsnews.com/news/john-bogles-10-rules-of-investing/
Good stuff! I'm sure you guys are all familiar with these rules and likely deploy many of them while managing your portfolios. It's a great confidence booster when a financial wizard of Bogle's status adds his approval to rules that you probably apply.
These common sense rules carry weight for both active and passive investors. Not unexpectedly, cost control and patience are crucial elements in the rule set.
Best Wishes.