Jack Bogle talks about a common investment mistake that almost all investors make. Bogle is the founder of Vanguard and the founder of several books including The Little Book of Common Sense Investing. This interview originally took place in 2016.
Subscribe to The Investor Center for content focused on investing, stocks, entrepreneurship, and passive income. Interviews feature the best business minds in the world including Warren Buffett, Charlie Munger, Howard Marks, Peter Lynch, and Ray Dalio. https://www.youtube.com/channel/UC2cL3pI1H3tiozKif6A8fmA
Warren Buffett Reading List:
The Intelligent Investor – https://amzn.to/31603ld
The Warren Buffett Way – https://amzn.to/3esAApY
Common Stocks and Uncommon Profits – https://amzn.to/3hPtZb2
The Outsiders – https://amzn.to/315rZFJ
Business Adventures – https://amzn.to/2BwKKqI
Where are the Customers’ Yachts? – https://amzn.to/3fNNWxg
The Little Book of Common Sense Investing – https://amzn.to/2YXQban
(The above are affiliate links that help support the channel at absolutely zero cost to you.)
OTHER VIDEOS YOU MAY LIKE:
▪️Charlie Munger: Avoid These Mistakes to Double Your Net Worth: https://www.youtube.com/watch?v=omqdy4_5iXw
▪️Howard Marks on Investing in a Low Interest Rate Environment: https://www.youtube.com/watch?v=MRpgOfSL4TU
▪️Charlie Munger: 100 Years of Wisdom Summed Up in 20 Minutes: https://www.youtube.com/watch?v=S15XpqbUFFA&list=UU2cL3pI1H3tiozKif6A8fmA&index=19
source
30 Comments
Jack Bogle: How to Invest When Stock Prices are at All Time Highs 🔽
https://youtu.be/cjyPPKAVhhE
No matter what happens, STAY THE COURSE – Jack Bogle –
The good shepherd ❤
Buffett acquired businesses and was a great manager. He said his talent is asset allocation. The stocks he purchased with excess cash is not what created the value of Berkshire.
Five years in. Sold one that was doing poorly. Value now 153% and dividends have been coming in all the while. It's time to look at what's available again
Im not going to be around 50 years. BUT. LEGACY.
If it wasn't for Jack's creation of Vanguard and giving us the first retail index fund, my life would be so different now. I'm close to 59 and starting to see retirement in the next few years and I have enough in my fund at this point and don't even look at it. It's such a great feeling to have piece of mind at this time of one's life.
LOOOOOOOOOOOOOL! Don’t Invest In Index Funds 😩😂 That’s the Miss-Take.
I just want to soak up everything this man says…I just started investing and I chose a Vanguard ETF. Hopefully for life.
Most investors think their skill set is comparable to Warren Buffet. It is not! Jack's advice is to simply trust the markets over the long run and you will be way better off.
Thank you
I've actually always had the exact same philosophy accept 10% in the funny money account. 60 in low risk. 30 in medium.
The Patron Saint of the working man – wonderfully put
Man I wish I knew about this when it was 18. Compound interest using an s and p index fund over 20 years is a miracle. The soundest financial advice you could possibly get for retirement
Can't disagree with anything. But I also can't not look at my index funds every 5 minutes 🙂
Bogle did more to elevate poverty in the western world than the 50 trillion spent by government
absolute legend, index fund investing at 18 because of bogle
Secret to long life.
Change Google to Bogle out of respect
My financial savior
Let's go back 50 years (1970). Imagine you put $10,000 in the boring S&P500 with dividend reinvested index. Adjusted for inflation you would find $66,704. But $10,000 in 1970 had a buying power of $1395 in 2020. So you have to divide by 7.1 resulting in buying power of $9394. In other words, after 50 years you would still have the same financial value you had when you started…
Nope
JACK BOGGLE is very wise. i have been looking for investment advice I can trust and this is it. thanks
Bogle speaks with such precision and grace. A true American hero.
Bogel is selling index fund, self interest on display.
his voice is like bill bellicheck.
Today it's not about return ON capital. Today it is about return OF capital
Great man! I followed his sound advice, invested in Index funds and bought his books and handed them out to all my nieces and nephews. They all now have Index funds and should retire in style. I think it is extremely important to educate your children about this. They surely wont be learn this in public school.
All hail Emperor Palpatine
Isn't his name John?
if you want to make money do not get into mining stocks