Famous quotes
Quotes by famous people, credited to who said them. Your own quotes must not match any of these. More are added all the time. 1,158,808 quotes Who coined it · How we decide
EnglishItalianoPolskiעבריתFrançaisPortuguêsفارسیEspañol中文РусскийDeutschالعربيةहिन्दी日本語ΕλληνικάLatina
John Bogle
6 quotes
“The principal role of the mutual fund is to serve its investors.”
John Bogle (1929–2019) first seen 1951 wikiquote, CC BY-SA 4.0 source
Recorded in: Princeton thesis, 1951 ()
“Yes, the investor is often his own worst enemy. Yes, the marketing colossus known as the mutual fund industry provides the weaponry which enables investors’ to indulge their suicidal instincts. No, the fund industry was hardly an innocent bystander in the market boom and the subsequent carnage. "We have met the enemy and he is us"… all of us.”
John Bogle (1929–2019) first seen 2001 wikiquote, CC BY-SA 4.0 source
Recorded in: Speech to Financial Analysts of Philadelphia, February 15, 2001 ()
“The courage to press on regardless—regardless of whether we face calm seas or rough seas, and especially when the market storms howl around us—is the quintessential attribute of the successful investor.”
John Bogle (1929–2019) first seen 2001 wikiquote, CC BY-SA 4.0 source
Recorded in: Speech at the Trinity University Policymaker Breakfast Series, April 16, 2001 ()
“Beating the market is a zero-sum game for investors. Money managers, as a group, must provide the market return... But that return comes only before their exorbitant fees, operating expenses, and portfolio turnover costs are deducted. The zero-sum game before costs becomes a loser’s game after costs.”
John Bogle (1929–2019) first seen 2013 wikiquote, CC BY-SA 4.0 source
Recorded in: Gilbert Lecture, Princeton University, Feb 21, 2013
“authors of books on investing, are... captives of the eras that we have experienced. For example, when Benjamin Graham wrote The Intelligent Investor in 1949, he had never experienced a year in which the interest rate on bonds exceeded the dividend yield on stocks. By way of contrast, as I write this chapter in 2017, I have witnessed 60 consecutive years in which the dividend yield on stocks has never exceeded the interest rate on bonds.”
John Bogle (1929–2019) first seen 2017 wikiquote, CC BY-SA 4.0 source
Recorded in: The Little Book of Common Sense Investing, 10th Anniversary Edition (2017). Chapter 18.
“It's an opportunity to buy more... The one piece of advice I would categorically give everybody is: For God’s sake, don’t stop a program of regular investing because the market goes down. You’re killing the whole value of dollar-cost averaging.”
John Bogle (1929–2019) first seen 2018 wikiquote, CC BY-SA 4.0 source
Recorded in: Bogleheads conference, 2018