Customer Quote by John C. Bogle
“Mutual funds with superior performance records often falter.”
About This Quote
Source Book: Common Sense on Mutual Funds, John C. Bogle, 1999
Past strong returns often mislead; future performance rarely matches historic highs.
In simple terms: Strong past results don’t guarantee future success.
Key Takeaway
Beware of chasing past winners.
Themes
investment
risk
performance
history
behavior
Mood
cautious
analytical
Type
advisory
educational
When to use this quote
- portfolio building
- retirement planning
- financial advising
- risk assessment
Key Concepts
efficiency market hypothesis
behavioral finance
regulation
Questions to Reflect On
- How do you evaluate fund sustainability?
- What metrics beyond returns matter?
A Different Perspective
Past success may be due to unique conditions not repeatable.
