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Don't Count on It!
640 pages, 2010
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 leading a tireless campaign to restore common sense to the investment world.
In this collection of speeches based on recent college talks, Bogle addresses eight important subjects: How index funds work—and why they are superior to actively managed funds. The potential pitfalls of active investing, include poor quality of management, high expenses, and lack of diversification.
How capitalism fails to reward those who genuinely contribute to society. How the financial industry has lost touch with its true mission.
The need for small investors to band together in order to make their voices heard on issues like this. Incisive advice to America's future business leaders, including an inspirational message about what success really means.
John C. Bogle emphasizes the significance of long-term investing. He suggests that instead of chasing short-term gains, investors should focus on steady, long-term growth. This approach can help you build a more secure financial future.
Bogle encourages readers to explore the world of mutual funds. He believes that these investment vehicles, when used correctly, can be a powerful tool for wealth accumulation. However, he also warns about the potential pitfalls and advises investors to do their research before diving in.
Don't Count on It! warns about the dangers of speculation. Bogle argues that speculating can lead to financial ruin, as it's essentially gambling with your money. Instead, he advises sticking to a well-thought-out investment strategy.
Bogle is a big advocate for simplicity in investing. He suggests that you don't need complex strategies or exotic investments to succeed. Instead, he encourages readers to stick to the basics and keep their investment approach simple and straightforward.
In Don't Count on It!, Bogle stresses the importance of financial literacy. He believes that everyone should have a basic understanding of how money and investing work. This knowledge can help you make smarter financial decisions and avoid common pitfalls.
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John Bogle's wisdom and insights are invaluable. His book, 'Don't Count on It!', is a must-read for anyone who wants to understand the world of investing.
Warren Buffett - Investment GuruBogle's book is a powerful call to action for investors. It's a must-read for anyone who wants to make informed decisions about their money.
Paul Samuelson - Economist, AcademicJohn Bogle's 'Don't Count on It!' is a compelling exploration of the challenges and opportunities of investing. It's a must-read for anyone who wants to navigate the financial markets successfully.
Bill Sharpe - Economist, Nobel LaureateBogle's book is a treasure trove of investment wisdom. It's a must-read for anyone who wants to understand the complexities of the financial markets.
Peter Lynch - Investment ManagementJohn Bogle's 'Don't Count on It!' is a masterclass in investment strategy. It's a must-read for anyone who wants to make smart decisions about their money.
Benjamin Graham - Value InvestingRecommendations
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