Notes from the Book “The Clash of the Cultures: Investment vs. Speculation” by John Bogle

I recently finished reading the latest book by Jack Bogle -- the legendary investor who created the first index fund in the 70s and championed the indexing concept throughout his career. My thoughts The book does a great job of outlining the history of index funds. Though I don't agree with the premise that, for all investors, index funds are the best way to invest for the long-term (and, that's why we actively manage our portfolio), I will concede that, if you don't have access to a … [Read more...]