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John Bogle

Vanguard’s John Bogle on Fiduciary Duty

“Put the Interests of the Client First. No Excuses. Period.” In a world where individual investors have few friends (sadly), Vanguard founder John Bogle — now 83 years old – is a true champion. What does he propose doing now to fix the stagnant economy and (still) battered financial system? Bogle advocates taxes to discourage...
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Jeremy’s Jeremiad

“Redesigning the Financial System” — Or Not In a world with few wise men — financial or otherwise — Jeremy Grantham certainly makes the cut (Paul Volcker, Warren Buffett, and John Bogle also come to mind). It’s hard to improve upon Grantham’s own words, from his 3rd quarter letter to shareholders (his fund manages a...
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