A Quote by John C. Bogle

It seems to me - particularly for these retirement-plan investors, the vast majority of whom are not particularly financially sophisticated - by far the best way is to invest in index funds.
Invest in low-turnover, passively managed index funds... and stay away from profit-driven investment management organizations... The mutual fund industry is a colossal failure... resulting from its systematic exploitation of individual investors... as funds extract enormous sums from investors in exchange for providing a shocking disservice... Excessive management fees take their toll, and manager profits dominate fiduciary responsibility.
We need a federal government commission to study the way our financial services system is working - I believe it is working badly - and we also need more educated investors. There are good long term low-priced mutual funds - my favorite is a total stock market index fund - and bad short term highly priced mutual funds. If investors would get themselves educated, and invest in the former - taking their money out of the latter - we would see some automatic improvements in the system, and see them fairly quickly.
Naheed Nenshi is a friend of mine. We - he - knows how close I am to all of the cultural, ethnic, and religious communities in Canada, particularly his own Ismaili community. By the way, the vast majority of Canadian Muslims, particularly Ismaili Muslims that I know, strongly support our government's reinforcement of the public nature of the public citizenship oath.
Even fans of actively managed funds often concede that most other investors would be better off in index funds. But buoyed by abundant self-confidence, these folks aren't about to give up on actively managed funds themselves. A tad delusional? I think so. Picking the best-performing funds is 'like trying to predict the dice before you roll them down the craps table,' says an investment adviser in Boca Raton, FL. 'I can't do it. The public can't do it.'
When people see success, particularly investors, they are much more willing to invest in artistic projects.
Still, I figure we shouldn't' discourage fans of actively managed funds. With all their buying and selling, active investors ensure the market is reasonably efficient. That makes it possible for the rest of us to do the sensible thing, which is to index. Want to join me in this parasitic behavior? To build a well-diversified portfolio, you might stash 70 percent of your stock portfolio into a Wilshire 5000-index fund and the remaining 30 percent in an international-index fund.
Some of our best and biggest allies in this struggle and fight against radical Islamic terror are Muslims, the vast, vast, vast majority of whom are people who believe in pluralism, freedom, democracy, individual rights.
Index funds are the only rational alternative for almost all mutual fund investors.
Our tax plan by the way shows the vast, vast majority of Americans, upwards of 96 percent can fill out their taxes on a postcard.
Most investors, both institutional and individual, will find that the best way to own common stocks (shares') is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) of the great majority of investment professionals.
I have no special knowledge of markets, so I invest solely in low-expense index funds, plus some cryptocurrencies.
The Christian religion seems to have fulfilled its great biological purpose, in so far as we are able to judge. It has led human thought to independence, and has lost its significance, therefore, to a yet undetermined extent.... It seems to me that we might still make use in some way of its form of thought, and especially of its great wisdom of life, which for two thousand years has proven to be particularly efficacious.
For me, and I suspect a lot of socially awkward people, dealing with people face-to-face seems really traumatic. Particularly if you have massive sweating issues, and particularly if on top of that you have quite smelly sweat that smells like onion soup.
We increased expenses, particularly in two areas: the military. If I put somebody in harm's way, they're going to get the best, as far as I'm concerned.
A low-cost index fund is the most sensible equity investment for the great majority of investors. My mentor, Ben Graham, took this position many years ago, and everything I have seen since convinces me of its truth.
I never wanted to express my independence by dressing in a particularly masculine way or appear particularly boyish.
This site uses cookies to ensure you get the best experience. More info...
Got it!