· How speculation has come to dominate investment—a hard-hitting look from the creator of the first index fund. Over the course of his sixty-year career in 4/5(1). Here, he presents a common sense strategy that "may not be the best strategy ever devised. But the number of strategies that are worse is infinite." The Clash of the Cultures: Investment vs. Speculation completes the trilogy of best-selling books, beginning with Bogle on Investing: The First 50 Years () and Don't Count on It! (). It is your unquestionably own times to accomplishment reviewing habit. accompanied by guides you could enjoy now is the clash of cultures investment vs speculation john c bogle below. The Clash of the Cultures - John C. Bogle - Examines the financial world's shift from healthy long-term investment to damaging speculation, and.
The Clash of the Cultures: Investment vs. Speculation - Kindle edition by Bogle, John C., Levitt, Arthur. Download it once and read it on your Kindle device, PC, phones or tablets. Use features like bookmarks, note taking and highlighting while reading The Clash of the Cultures: Investment vs. Speculation. How speculation has come to dominate investment—a hard-hitting look from the creator of the first index fund. Over the course of his sixty-year career in the mutual fund industry, Vanguard Group founder John C. Bogle has witnessed a massive shift in the culture of the financial sector. The "clash" to which the title of John Bogle's book refers is best explained by this passage from the "About This Book" section in which he compares a clash today between speculation and investment with the clash between science and the humanities that C.P. Snow examines in his book, The Two Cultures ().
Over the course of his sixty-year career in the mutual fund industry, Vanguard Group founder John C. Bogle has witnessed a massive shift in the culture of the financial sector. The prudent, value-adding culture of long-term investment has been crowded out by an aggressive, value-destroying culture of short-term speculation. Mr. Mr Bogle’s new book, The Clash of the Cultures, Investment vs Speculation, does not disappoint on either count, but it is also very much in tune with the zeitgeist in its focus on stewardship and fiduciary duty. It lambasts US mutual fund managers for neglecting to act as responsible owners of the companies they invest in on behalf of the savers whose money they look after, and for their own governance failures.”—. the-clash-of-cultures-investment-vs-speculation-john-c-bogle 1/2 Downloaded from www.doorway.ru on Novem by guest [MOBI] The Clash Of Cultures Investment Vs Speculation John C Bogle.
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