Read on Twitter
John C. Bogle was the founder of Vanguard and is credited with creating the first index fund
Let’s hear some of his most famous quotes
https://abs.twimg.com/emoji/v2/... draggable="false" alt="đź—Ł" title="Silhouette eines sprechenden Kopfes" aria-label="Emoji: Silhouette eines sprechenden Kopfes">
{thread}
Let’s hear some of his most famous quotes
{thread}
{thread}" title="John C. Bogle was the founder of Vanguard and is credited with creating the first index fundLet’s hear some of his most famous quoteshttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🗣" title="Silhouette eines sprechenden Kopfes" aria-label="Emoji: Silhouette eines sprechenden Kopfes">{thread}">
{thread}" title="John C. Bogle was the founder of Vanguard and is credited with creating the first index fundLet’s hear some of his most famous quoteshttps://abs.twimg.com/emoji/v2/... draggable="false" alt="🗣" title="Silhouette eines sprechenden Kopfes" aria-label="Emoji: Silhouette eines sprechenden Kopfes">{thread}">
1. Don’t look for the needle in the haystack. Just buy the haystack!
2. Investing is not nearly as difficult as it looks. Successful investing involves doing a few things right and avoiding serious mistakes.
3. Time is your friend; impulse is your enemy.
4. Where returns are concerned, time is your friend. But where costs are concerned, time is your enemy.
5. If you have trouble imagining a 20% loss in the stock market, you shouldn’t be in stocks.
6. An investment in knowledge always pays the best interest. Learning is to the studious, and riches to the careful. If a man empties his purse into his head, no man can take it away from him.
7. Fund investors are confident that they can easily select superior fund managers. They are wrong.
8. The miracle of compounding returns is overwhelmed by the tyranny of compounding costs.
9. The mutual fund industry has been built, in a sense, on witchcraft.
10. 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.
