When a door closes, if you look long enough and hard enough, if you’re strong enough, you’ll find a window that opens. John C. Bogle Read Quote
The best rule for philanthropy is to give until it hurts, as much as you can, because none of us can get through life all by ourselves. John C. Bogle Read Quote
The culture of the mutual fund industry, when I came into it in 1951, was pretty much a culture of fiduciary duty and investment, with funds run by investment professionals. The firm I worked with, Wellington Management Co., they had one fund. That was very typical in the industry… investment professionals focused on long-term investing. John C. Bogle Read Quote
In investing, you get what you don’t pay for. Costs matter. So intelligent investors will use low-cost index funds to build a diversified portfolio of stocks and bonds, and they will stay the course. And they won’t be foolish enough to think that they can consistently outsmart the market. John C. Bogle Read Quote
It occurs to me that, after the huge output of writing I’ve produced over the years, there is a close link between my twin careers as investment executive and financial writer: The power of the word and the power of the book have played a major role in turning my vision… into reality. John C. Bogle Read Quote
Well, I like regulation as little as anybody else. It can be intrusive. It can be detailed. It can be bureaucratic. It can be unevenly administered. It can be unfair. But most regulations that we have for mutual funds and for banks are regulations that we earned. We did something wrong and we’re paying a price for it. John C. Bogle Read Quote
