John C. Bogle quotes: wise famous quotes, sayings and quotations by John C. Bogle

John C. Bogle Famous Quotes & Sayings

Discover top inspirational quotes from John C. Bogle on Wise Famous Quotes.

Hint: money flows into most funds after good performance, and goes out when bad performance follows.

If the data do not prove that indexing wins, well, the data are wrong.

Speculation leads you the wrong way. It allows you to put your emotions first, whereas investment gets emotions out of the picture.

"Now you can trade the S&P 500 Index in real time" was the slogan in the newspapers for the first ETF. What kind of nut would do that?

The mutual fund industry has been built, in a sense, on witchcraft.

Learn every day, but especially from the experiences of others. It's cheaper!

If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks.

I will create value for society, rather than extract it.

On balance, the financial system subracts value from society

My biggest prediction for the future is that people are going to start looking after individual investors.

The miracle of compounding returns is overwhelmed by the tyranny of compounding costs.

Managed funds are astonishingly tax-inefficient.

The transfer of Wall Street from private ownership to public ownership has been a big step backward.

The principal role of the mutual fund is to serve its investors.

If your fund doesn't last for the long term, how can you invest for the long term?

If it is hard to imagine that 20% of losses on the stock market, you should never participate

Don't look for the needle in the haystack. Just buy the haystack!

Index funds eliminate the risks of individual stocks, market sectors, and manager selection. Only stock market risk remains.

Surprise! The returns reported by mutual funds aren't actually earned by mutual fund investors.

In the long run, investing is not about markets at all. Investing is about enjoying the returns earned by businesses.

Reversion to the mean is the iron rule of the financial markets.

Investing is not nearly as difficult as it looks. Successful investing involves doing a few things right and avoiding serious mistakes.

The historical data support one conclusion with unusual force: To invest with success, you must be a long-term investor.

It's amazing how difficult it is for a man to understand something if he's paid a small fortune not to understand it.

Time is your friend; impulse is your enemy.

The stock market is a giant distraction to the business of investing.

Income earned by the sweat of your brow should be taxed at the lowest rates, not the highest. Capital gains should be taxed at a higher rate.

I think it's gone much too far. Most of them are not worth the powder to blow them to hell.

You know the rule of 72, divide the number into 72, any number you want, and that's how long it will take your money to double.

Fund investors are confident that they can easily select superior fund managers. They are wrong.