Bibliograph

The clash of the cultures, investment vs. speculation, John C. Bogle

Type

Label

The clash of the cultures, investment vs. speculation, John C. Bogle

Language

eng

Index

index present

Literary Form

non fiction

Main title

The clash of the cultures

Medium

electronic resource

Nature of contents

dictionaries

Oclc number

798437929

Responsibility statement

John C. Bogle

Sub title

investment vs. speculation

Summary

How speculation has come to dominate investment & mdash;a hard-hitting look from the creator of the first index fund. Over the course of his sixty-year career in the mutual fund industry, Vanguard Group founder John C. Bogle has witnessed a massive shift in the culture of the financial sector.€ The prudent, value-adding culture of long-term investment has been crowded out by an aggressive, value-destroying culture of short-term speculation.€ Mr. Bogle has not been merely an eye-witness to these changes, but one of the financial sector & rsquo;s most active participants. In The Clash of

Table Of Contents

The clash of the cultures -- The double-agency society and the happy conspiracy -- The silence of the funds : why mutual funds must speak out on the governance of our nation's corporations -- The change in the "mutual" fund culture -- Are fund managers true fiduciaries? The stewardship quotient -- The index fund : the rise of the fortress of investment and its challenge by short-term speculation -- America's retirement system -- too much speculation, too little investment -- The rise, fall, and renaissance of Wellington Fund : a case study -- investment wins, speculation loses -- 10 simple rules for investors and a warning for speculators

Classification