The average hedge fund manager is going to earn zero per cent in extra return. John C. Bogle Read Quote
I had done some work on index funds in my senior thesis at Princeton in 1951. John C. Bogle Read Quote
I’m not sure I really am an entrepreneur. I’m not much of a businessman. I know I’m not a marketing guy. I do have an entrepreneurial lineage, though. John C. Bogle Read Quote
We have moved from treating funds as investment trusts designed to serve their owner-beneficiaries to treating funds as consumer products, designed to attract the largest possible assets. This new approach has ill-served the interests of fund shareholders. John C. Bogle Read Quote
Regardless of what happens in the markets, stick to your investment program. Changing your strategy at the wrong time can be the single most devastating mistake you can make as an investor. John C. Bogle Read Quote
While the interests of the business are served by the aphorism ‘Don’t just stand there. Do something!’ the interests of investors are served by an approach that is its diametrical opposite: ‘Don’t do something. Just stand there!’ John C. Bogle Read Quote
