John Bogle
John Bogle
John Clifton "Jack" Bogle is the founder and retired CEO of The Vanguard Group. His 1999 book Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor became a bestseller and is considered a classic within the investment community...
line
I think a line was crossed; there was a rebate and that is just not permitted.
scandal
The scandal is not what's illegal. It's what's legal.
failed options stock
Stock options have failed abjectly to do what they were ballyhooed to do.
best jack possibly
Jack Brennan is the best person I could possibly have found,
america best billion bucks fight guess power worst
If you have a billion bucks and a sense of power you will fight everything. I guess that is what is best about America and what is worst about America.
everybody run
In the long run it's something everybody will be doing because it reduces costs.
board decent grace gracious knew membership respond similar
I knew if the board was gracious to me, I'd respond with similar grace. Board membership isn't that important to me, and this was the most peaceful, decent thing to do.
data disclosure fund opportunity previous proposals provide rectify timely
The Commission's new proposals for compensation disclosure provide a timely opportunity to rectify the previous omission of compensation data for mutual- fund executives.
bubbles
These kind of bubbles are something that everyone participates in. That's why they are bubbles.