Quote

The business has some problems, substantial problems. You go fix it, you young people. That's what you're there for. Don't believe what the old generation tells you. We don't know a damn thing, including Bogle.

John C. Bogle

Change background

T
T
T

Change font

TAGS & TOPICS

John C. Bogle
Age: 89 †
Born: 1929
Born: May 8
Died: 2019
Died: January 16
Economist
Financier
Investor
Montclair Township
John Clifton Jack Bogle
Jack Bogle
People
Generation
Including
Problems
Business
Young
Problem
Substantial
Thing
Damn
Believe
Tells

More quotes by John C. Bogle

Image
If your fund doesn't last for the long term, how can you invest for the long term?
John C. Bogle
Image
But whatever the consensus on the EMH, I know of no serious academic, professional money manager, trained security analyst, or intelligent individual investor who would disagree with the thrust of EMH: The stock market itself is a demanding taskmaster. It sets a high hurdle that few investors can leap.
John C. Bogle
Image
Investing is not nearly as difficult as it looks. Successful investing involves doing a few things right and avoiding serious mistakes.
John C. Bogle
Image
On balance, the financial system subracts value from society
John C. Bogle
Image
Capitalism is not a Ponzi scheme. Capitalism is a scheme of free markets.
John C. Bogle
Image
Your success in investing will depend in part on your character and guts, and in part on your ability to realize at the height of ebullience and the depth of despair alike that this too shall pass.
John C. Bogle
Image
Speculation leads you the wrong way. It allows you to put your emotions first, whereas investment gets emotions out of the picture.
John C. Bogle
Image
If the data do not prove that indexing wins, well, the data are wrong.
John C. Bogle
Image
If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks.
John C. Bogle
Image
If it is hard to imagine that 20% of losses on the stock market, you should never participate
John C. Bogle
Image
The mutual fund industry has been built, in a sense, on witchcraft.
John C. Bogle
Image
I would always advise young people to follow their star - not my star. They have to live their own life. If they decide they want to go into the investment business, do it, but make it a better business than it is today.
John C. Bogle
Image
I think it's gone much too far. Most of them are not worth the powder to blow them to hell.
John C. Bogle
Image
The transfer of Wall Street from private ownership to public ownership has been a big step backward.
John C. Bogle
Image
It's amazing how difficult it is for a man to understand something if he's paid a small fortune not to understand it.
John C. Bogle
Image
Corporate leaders surely have their problems, I believe that most CEOs are doing their best to hew to the ethical line. The problem is that that line has gotten blurred and that our moral standard seems to be if everybody else is doing it, it's okay. That's not good enough for me.
John C. Bogle
Image
Hint: money flows into most funds after good performance, and goes out when bad performance follows.
John C. Bogle
Image
Among my greatest disappointments about the mutual fund industry - in addition to excessive costs and excessive focus on the short-term - is that fund managers have been passive participants in corporate governance.
John C. Bogle
Image
While I haven't read economist Robin Hahnel's work, replacing capitalism would be at the very bottom of my list of priorities - to be considered only after everything else had been tried. Improving our capitalistic system however, is at the top of my list and is of course the major theme of The Battle for the Soul of Capitalism.
John C. Bogle
Image
If you're very talented and keep winning, you'll do just fine. It may take a while. But the talent is hard to identify and talent is hard to tell from luck. There's an awful lot of luck in this business. Past performance is not helpful in judging future performance.
John C. Bogle