The House that Bogle Built: How John Bogle and Vanguard Reinvented the Mutual Fund Industry
| Author | : | |
| Rating | : | 4.69 (778 Votes) |
| Asin | : | 0071749063 |
| Format Type | : | paperback |
| Number of Pages | : | 304 Pages |
| Publish Date | : | 2016-05-29 |
| Language | : | English |
DESCRIPTION:
Lewis Braham is a journalist whose work has appeared in a number of business publications, including BusinessWeek, SmartMoney, and Bloomberg Markets.
. From the Back Cover"The House That Bogle Built" tells the story of John Bogle, who founded theVanguard Group in 1975, and his outlook on the future of investing. Bogle quickly developed a reputation as beingthe "conscience" of the industry and has since been revered for helpingreform its practices.Featuring never-before-published research and interviews with Bogle himself, "The House That Bogle Built" covers Bogle's views about Vanguard, hissuccessor Jack Brennan, and the current crisis in the world of investing. corporations, have done far too little to ensure that companies avoidfinancial recklessness."The House That Bogl
Bogle stumbled upon mutual funds by accident in 1949 as a college student at Princeton. In his junior year, he read a Fortune article about the burgeoning fund industry that sparked his interest, and he wrote his now famous senior thesis about it. What began as an intellectual pursuit would turn into Bogle's life mission. Skeptical but never defeatist, Bogle maintains a retired-but-active status at the company, keeping a close watch over those now at the helm of Vanguard.The House That Bogle Built reveals one of the investing world's most fascinating and complex figures. A dogged advocate of shareholder democracy, he was a self-confessed "dictator" at Vanguard. It takes you through the two decades he spent running Vanguard, until his forced retirement in 1999, and discloses what he thinks about the fund industry today. Always, though, Bogle places the good of the client before anything else--a practice that has become steadily rarer in his business.The
Bogle uses a slide rule! How cool is that? This book is about Bogle, about Vanguard, and about investing. It succeeds at all levels. "Almost everyone who knows Bogle thinks he works too hard," Braham says. When asked how he handled his work-life balance, Bogle replied "Badly." When a man is so intertwined with his work, you want a biography that intertwines them as well. This biography does. And it reads well.I mean, this is a REALLY GOOD BOOK. As a long-time Vanguard investor I knew it would interest me, but I really wasn't expecting anything this good. I don't see how you could have more satis. R. Shaw said Well written and researched book. First, this book provides a thorough and fascinating biography of Jack Bogle, one of the most influential innovators in the American financial services industry. His difficult family circumstances during his childhood are reviewed, as are his increasing health problems over the years which led to a heart transplant in 1995. To battle and accomplish all that he had up to that time is remarkable and that story alone would be worth the price of the book. His activities since 1995 are even more impressive.In addition, the book also describes the creation of. Baby Boomer in Training said The Best Book I've Read In a Long Time. `The House that Bogle Built' is a must read for anyone with even the slightest interest in Vanguard, the world's largest mutual fund company with 1.The Best Book I've Read In a Long Time Baby Boomer in Training `The House that Bogle Built' is a must read for anyone with even the slightest interest in Vanguard, the world's largest mutual fund company with 1.4 Trillion dollars under management, and the man who built it from scratch.I've read several of John (Jack) Bogle's books and I have a pretty clear understanding of his investment philosophy. I've also had the pleasure of meeting him on two occasions, however until I read this book I had very little insight into the personal life of the man behind the iconic reputation.Lewis Braham has done a wonderful job o. Trillion dollars under management, and the man who built it from scratch.I've read several of John (Jack) Bogle's books and I have a pretty clear understanding of his investment philosophy. I've also had the pleasure of meeting him on two occasions, however until I read this book I had very little insight into the personal life of the man behind the iconic reputation.Lewis Braham has done a wonderful job o