Index funds eliminate the risks of individual stocks, market sectors, and manager selection. Only stock market risk remains. — John C. Bogle Copy Share Image
The historical data support one conclusion with unusual force: To invest with success, you must be a long-term investor. — John C. Bogle Copy Share Image
If it is hard to imagine that 20% of losses on the stock market, you should never participate — John C. Bogle Copy Share Image
What indexing does is neutralize a large part of the stock market. There's no trading in those stocks, or almost none. — John C. Bogle Copy Share Image
Have rational expectations for future returns and avoid changing those expectations in response to the ephemeral noise coming from Wall Street. — John C. Bogle Copy Share Image
Fund investors are confident that they can easily select superior fund managers. They are wrong. — John C. Bogle Copy Share Image
The long-term focus of index funds is a much needed counterweight to the short-termism favored by so many market participants. — John C. Bogle Copy Share Image
If you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks. — John C. Bogle Copy Share Image
Entrepreneurs or international conglomerateurs, or large financial institutions buy or create mutual fund management companies to create a return on their own… — John C. Bogle Copy Share Image
The grim irony of investing, then, is that we investors as a group not only don't get what we pay for, we… — John C. Bogle Copy Share Image
The Vanguard Experiment was designed to prove that mutual funds could operate independently, and do so in a manner that would directly… — John C. Bogle Copy Share Image
The returns we read about in the industry sales literature vastly diminish when we move from the theoretical world of market indexes… — John C. Bogle Copy Share Image
“So please don't forget that considering the probabilities of future returns only begins the decision-making process. Decisions have consequences. If the consequences… — John C. Bogle Copy Share Image
I do think that impact investing is not that effective. Shares go from investor A to investor B, and the company doesn't… — John C. Bogle Copy Share Image
I think high turnover is definitively the investor's enemy, so you don't want to bring a high-turnover philosophy to this business. You… — John C. Bogle Copy Share Image
With actively managed funds, people have big behavior problems. With funds that have done well, they put their money in, and when… — John C. Bogle Copy Share Image
The general systems of money management today require people to pretend to do something they can't do and like something they don't.… — John C. Bogle Copy Share Image
Yes, the investor is often his own worst enemy. Yes, the marketing colossus known as the mutual fund industry provides the weaponry… — John C. Bogle Copy Share Image
The idea that a bell rings to signal when investors should get into or out of the stock market is simply not… — John C. Bogle Copy Share Image
Working for company X and having a substantial portion of your retirement plan in company X is simply exposing yourself to too… — John C. Bogle Copy Share Image
But whatever the consensus on the EMH, I know of no serious academic, professional money manager, trained security analyst, or intelligent individual… — John C. Bogle Copy Share Image
Ask yourself: Am I an investor, or am I a speculator? An investor is a person who owns business and holds it… — John C. Bogle Copy Share Image
If your fund doesn't last for the long term, how can you invest for the long term? — John C. Bogle Copy Share Image
The mistakes we make as investors is when the market's going up, we think it's going to go up forever. When the… — John C. Bogle Copy Share Image
Among my greatest disappointments about the mutual fund industry - in addition to excessive costs and excessive focus on the short-term -… — John C. Bogle Copy Share Image
Net return is simply the gross return of your investment portfolio less the costs you incur. Keep your investment expenses low, for… — John C. Bogle Copy Share Image
It's very difficult for any particular segment of the stock market to sustain superior performance. The watch word for our financial markets… — John C. Bogle Copy Share Image
I liked the so-called Volcker Rule. I would have separated investment banking and commercial, deposit banking, as we did under the Glass-Steagal… — John C. Bogle Copy Share Image
We have moved from treating funds as investment trusts designed to serve their owner-beneficiaries to treating funds as consumer products, designed to… — John C. Bogle Copy Share Image
While the interests of the business are served by the aphorism 'Don't just stand there. Do something!' the interests of investors are… — John C. Bogle Copy Share Image
The basic idea of retirement income is, to me, to get a check, two checks every month, one from your fixed income and one… — John C. Bogle Copy Share Image
When you're young, you've got plenty of time to recover from your mistakes. — John C. Bogle Copy Share Image
I almost hate to say how proud I am of my career and, most of all, helping folks get the returns they deserve. — John C. Bogle Copy Share Image
The Vanguard Experiment was designed to prove that mutual funds could operate independently, and do so in a manner that would directly benefit their… — John C. Bogle Copy Share Image
“An investment in knowledge always pays the best interest. Learning is to the Studious, and Riches to the Careful. If a man empties his… — John C. Bogle Copy Share Image
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… — John C. Bogle Copy Share Image
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… — John C. Bogle Copy Share Image
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… — John C. Bogle Copy Share Image
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… — John C. Bogle Copy Share Image
I was born in an earlier generation and, as a group, my classmates at Blair Academy and Princeton University were as ethical, straightforward, and… — John C. Bogle Copy Share Image
