Summary
Bogle tells Vanguard’s history from his position as its founder, combining company history, investment ideas and personal memoir. He follows the growth of its index funds and discusses other major Vanguard funds, including Wellington and Windsor. Later sections consider the future of investment management and reflect on values such as perseverance, caring and fairness.
Why read it Our view
Useful for studying a company over a long period from its founder’s point of view. Ask how its structure affects the work it does, how its funds evolve and which values Bogle says should remain steady through growth.
Written about
- John BogleFounder and authorBogle writes about the Vanguard company he founded, its funds and his own investment views and personal reflections.Source