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Investing Quotes by John C. Bogle

90 Investing quotes by John C. Bogle

All Investing quotes John C. Bogle’s page

Investing is praised as a way to grow knowledge, which the quotes say pays the best interest. They caution against trusting past performance, noting that superior results rarely last. The collection also urges investors to own solid businesses, avoid emotion, and recognize that ethical capitalism is still rare.

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Managed funds are astonishingly tax-inefficient.

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

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

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

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Successful investing is all about common sense.

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Wise investors won't try to outsmart the market.

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

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

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

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Nothing is simpler than owning the stock market and holding it forever, and that's essentially the idea behind the index fund.

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

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The long-term focus of index funds is a much needed counterweight to the short-termism favored by so many market participants.

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“Investors need to understand not only the magic of compounding long-term returns, but the tyranny of compounding costs; costs that ultimately overwhelm…

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What indexing does is neutralize a large part of the stock market. There's no trading in those stocks, or almost none.

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Enjoy the magic of compounding returns. Even modest investments made in one's early 20s are likely to grow to staggering amounts over…

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If the fluctuations in your investment portfolio are reduced, the impact of emotions and behavior on your account is also reduced.

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I liked the so-called Volcker Rule. I would have separated investment banking and commercial, deposit banking, as we did under the Glass-Steagal…

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My favourite holdings are Vanguard's Wellington Fund, a balanced mutual fund which is a legacy investment from my first career at Wellington…

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“An investment in knowledge always pays the best interest. Learning is to the Studious, and Riches to the Careful. If a man…

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Ask yourself: Am I an investor, or am I a speculator? An investor is a person who owns business and holds it…

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While the interests of the business are served by the aphorism 'Don't just stand there. Do something!' the interests of investors are…

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We have moved from treating funds as investment trusts designed to serve their owner-beneficiaries to treating funds as consumer products, designed to…

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But whatever the consensus on the EMH, I know of no serious academic, professional money manager, trained security analyst, or intelligent individual…

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Well, bitcoin is a currency. Bitcoin has no underlying rate of return. You know, bonds have an interest coupon. Stocks have earnings…

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The idea that a bell rings to signal when investors should get into or out of the stock market is simply not…

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The general systems of money management today require people to pretend to do something they can't do and like something they don't.…

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Our capitalistic scheme in the latter years of the 20th century seems to have lost its way. We've had a "pathalogical change"…

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We need a federal government commission to study the way our financial services system is working - I believe it is working…

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

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The miracle of compounding returns has been overwhelmed by the tyranny of compounding costs.

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Eliminate emotion from your investment program.

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

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

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

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Capitalism is not a Ponzi scheme. Capitalism is a scheme of free markets.

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Investing is a virtuous habit best started as early as possible.

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There is almost no limit to the ability of investors to ignore the lessons of the past.

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The index fund always gives you the market return.

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

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I've usually used the phrase 'stay the course' as one of the great rules of investment success.

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More by John C. Bogle

The basic idea of retirement income is, to me, to get a check, two checks every month, one from your fixed income and one…

When you're young, you've got plenty of time to recover from your mistakes.

I almost hate to say how proud I am of my career and, most of all, helping folks get the returns they deserve.

The Vanguard Experiment was designed to prove that mutual funds could operate independently, and do so in a manner that would directly benefit their…

“An investment in knowledge always pays the best interest. Learning is to the Studious, and Riches to the Careful. If a man empties his…

I liked the so-called Volcker Rule. I would have separated investment banking and commercial, deposit banking, as we did under the Glass-Steagal Act. I…

We make too much out of past performance, and it's very misleading to investors. It causes them to move money around. They buy a…

It's very difficult for any particular segment of the stock market to sustain superior performance. The watch word for our financial markets is, "reversion…

I do think that impact investing is not that effective. Shares go from investor A to investor B, and the company doesn't even know…

I was born in an earlier generation and, as a group, my classmates at Blair Academy and Princeton University were as ethical, straightforward, and…

My only regret about money is that I don't have more to give away.

U.S. companies are innovative and entrepreneurial.

Successful investing is about owning businesses and reaping the huge rewards provided by the dividends and earnings growth of our nation's - and, for…

Without getting into brothels, there are ethical capitalists the problem is that there aren't enough of them. It is not "just a few bad…

The average hedge fund manager is going to earn zero per cent in extra return.