The clash of the cultures investment vs. speculation
How speculation has come to dominate investment - 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...
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| Format: | eBook |
| Language: | English |
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Hoboken, N.J.
John Wiley & Sons
2012
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| Online Access: | |
| Collection: | O'Reilly - Collection details see MPG.ReNa |
| Summary: | How speculation has come to dominate investment - 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's most active participants. In The Clash of |
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| Item Description: | Includes index |
| Physical Description: | 1 online resource |
| ISBN: | 1118262816 9781280995316 9781118224748 1118224744 1280995319 1118238214 9781118238219 9781118262818 |