Data Quote by John C. Bogle
“If the data do not prove that indexing wins, well, the data are wrong.”
About This Quote
Source Book: Common Sense on Mutual Funds, John C. Bogle, 1999
Data that contradict a belief are dismissed as faulty rather than questioning the belief.
In simple terms: People ignore data that challenges their assumptions.
Question evidence before dismissing it.
Themes
Mood
Type
When to use this quote
- investment decisions
- research analysis
- policy making
- academic debate
Key Concepts
Questions to Reflect On
- How do you verify data integrity?
- What assumptions are you protecting?
Data may be correct but misinterpreted; context matters.