Enough: True Measures of Money, Business, and LifePaperback (2024)

Enough: True Measures of Money, Business, and LifePaperback (1)

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  • About the Author
  • Read an Excerpt
  • What People are Saying
  • Table of Contents

Description

John Bogle puts our obsession with financial success in perspective

Throughout his legendary career, John C. Bogle-founder of the Vanguard Mutual Fund Group and creator of the first index mutual fund-has helped investors build wealth the right way and led a tireless campaign to restore common sense to the investment world. Along the way, he's seen how destructive an obsession with financial success can be. Now, with Enough., he puts this dilemma in perspective.

Inspired in large measure by the hundreds of lectures Bogle has delivered to professional groups and college students in recent years, Enough. seeks, paraphrasing Kurt Vonnegut, "to poison our minds with a little humanity." Page by page, Bogle thoughtfully considers what "enough" actually means as it relates to money, business, and life.

  • Reveals Bogle's unparalleled insights on money and what we should consider as the true treasures in our lives
  • Details the values we should emulate in our business and professional callings
  • Contains thought-provoking life lessons regarding our individual roles in society

Written in a straightforward and accessible style, this unique book examines what it truly means to have "enough" in world increasingly focused on status and score-keeping.

Product Details

ISBN-13: 9780470524237

Media Type: Paperback(Revised Edition)

Publisher: Wiley

Publication Date: 06-01-2010

Pages: 328

Product Dimensions: 4.60(w) x 6.70(h) x 0.70(d)

About the Author

JOHN C. BOGLE created Vanguard in 1974 and served as chairman and chief until 1996 and senior chairman until 2000. In 1999, Fortune magazine named Mr. Bogle as one of the four "Investment Giants" of the twentieth century; in 2004, TIME magazine named him one of the world's 100 most powerful and influential people. Bogle is the author of eight books, most recently Common Sense on Mutual Funds, 10th Anniversary Edition.

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What People are Saying

What People are Saying About This

From the Publisher

strategy+business Best Business Book of 2009

"Bogle could be the poster boy for Mintzberg’s effective manager and leader. The tenacity of his message and his business model of long-term investing, especially in an era when the so-called smart money ran in the opposite direction, makes him a real hero . . . Unsurprisingly, trust is also high on Bogle’s list of leadership and organizational attributes. The final section of the book, labeled "Life," calls for a return to 18th-century values. . . Let’s remember that the 18th century was the age of reason . . . of Thomas Paine, Adam Smith, and Benjamin Franklin, whom Bogle calls the "paradigm of the eighteenth-century man." It is Franklin the entrepreneur whom Bogle holds up as a contrast to those in our own century — a man motivated not by a desire for personal profit but by the joy of creating and of exercising his ingenuity and energy. According to Bogle, the leaders of the 18th century were able to "implant in society a reliance on reason, a passion for social reform, and the belief that moral authority is integral to the successful functioning of education and religion as well as to commerce and finance." He would like to see more such leaders today." (strategy+business)

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Table of Contents

Table of Contents

Foreword by William Jefferson Clinton vii

Prologue by Tom Peters xi

Author’s Note: A Crisis of Ethic Proportions xvii

Introduction 1

MONEY

CHAPTER 1 Too Much Cost, Not Enough Value 29

CHAPTER 2 Too Much Speculation, Not Enough Investment 49

CHAPTER 3 Too Much Complexity, Not Enough Simplicity 71

BUSINESS

CHAPTER 4 Too Much Counting, Not Enough Trust 97

CHAPTER 5 Too Much Business Conduct, Not Enough Professional Conduct 120

CHAPTER 6 Too Much Salesmanship, Not Enough Stewardship 141

CHAPTER 7 Too Much Management, Not Enough Leadership 159

LIFE

CHAPTER 8 Too Much Focus on Things, Not Enough Focus on Commitment 183

CHAPTER 9 Too Many Twenty-First- Century Values, Not Enough Eighteenth- Century Values 193

CHAPTER 10 Too Much “Success,” Not Enough Character 211

WRAPPING UP: WHAT’S ENOUGH?

What’s Enough For Me? For You? For America? 229

Afterword: A Personal Note about My Career 249

Acknowledgments 253

Notes 257

Index 269

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Enough: True Measures of Money, Business, and LifePaperback (2024)

FAQs

Who is founder of Vanguard? ›

Is Vanguard a mutual fund? ›

Vanguard is the largest issuer of mutual funds in the world and the second-largest issuer of exchange-traded funds (ETFs). John Bogle, Vanguard's founder, began the first index fund, which tracked the S&P 500 in 1975. Index funds with low fees are appropriate investments for the majority of investors.

How much is Jack Bogle worth? ›

Perhaps the most astonishing fact about Vanguard is that, though it manages more than a quarter of the assets in the entire fund industry, it accounts for only 5% of the industry's revenue. Bogle's net worth was about $80 million when he died, a fraction of what his peers in finance had amassed.

Which family owns Vanguard? ›

Vanguard set out in 1975 under a radical ownership structure that remains unique in the asset management industry. Our company is owned by its member funds, which in turn are owned by fund shareholders. With no outside owners to satisfy, we focus squarely on meeting the investment needs of our clients.

Which is better, Vanguard or Fidelity? ›

While Fidelity wins out overall, Vanguard is the best option for retirement savers. Its platform offers tools and education focused specifically on retirement planning.

What is the best investment company for retirement? ›

Top 19 Retirement Planning Companies in the US
  • Charles Schwab.
  • Transamerica.
  • Principal Financial Group.
  • Tiaa.
  • American Funds.
  • New York Life.
  • Captrust.
  • Fidelity Investments.

Is Vanguard a safe investment? ›

Is Vanguard a safe company to invest with? Yes, Vanguard is a very reputable broker with a long track record, dating from 1975. It is overseen by the Securities and Exchange Commission and FINRA, both of which are independent regulatory agencies.

Who is the biggest investor of Vanguard Group? ›

Top Institutional Holders
HolderSharesDate Reported
Blackrock Inc.2.15MDec 31, 2023
Dimensional Fund Advisors LP2MDec 31, 2023
Wellington Management Group, LLP1.69MDec 31, 2023
Vanguard Group Inc1.6MDec 31, 2023
6 more rows

Who is behind the Vanguard? ›

John C. Bogle

Who was the CEO of Vanguard? ›

Mortimer (Tim) Buckley is chairman of the board and chief executive officer of Vanguard. Previously, he was Vanguard's chief investment officer, overseeing the company's internally managed stock, bond, and money market portfolios as well as its investment research and methodology.

How many owners does Vanguard have? ›

When we say, “At Vanguard, you're more than just an investor—you're an owner,” we mean it. Unlike most other investment management companies, we don't have shareholders or a private ownership group. That keeps us consistently focused on investor needs first.

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