9781469075471
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The Clash of the Cultures audiobook

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The Clash of the Cultures Audiobook Summary

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’s most active participants. In The Clash of the Cultures, he urges a return to the common sense principles of long-term investing.
Provocative and refreshingly candid, this book discusses Mr. Bogle’s views on the changing culture in the mutual fund industry, how speculation has invaded our national retirement system, the failure of our institutional money managers to effectively participate in corporate governance, and the need for a federal standard of fiduciary duty.
Mr. Bogle recounts the history of the index mutual fund, how he created it, and how exchange-traded index funds have altered its original concept of long-term investing. He also presents a first-hand history of Wellington Fund, a real-world case study on the success of investment and the failure of speculation. The book concludes with ten simple rules that will help investors meet their financial goals.

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About the Author(s) of The Clash of the Cultures

John C. Bogle is the author of The Clash of the Cultures

The Clash of the Cultures Full Details

Length 13 hours 11 minutes
Author John C. Bogle
Category
Publisher Ascent Audio
Release date September 10, 2019
ISBN 9781469075471

Subjects

The publisher of the The Clash of the Cultures is Ascent Audio. includes the following subjects: long-term investing, Wall Street, financial markets, Business & Economics, Investments & Securities, General The BISAC Subject Code is Business & Economics, General, Investments & Securities

Additional info

The publisher of the The Clash of the Cultures is Ascent Audio. The imprint is Ascent Audio. It is supplied by Ascent Audio. The ISBN-13 is 9781469075471.

Global Availability

This book is only available in the United States.

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