内容简介
Arguably the greatest shareholder advocate in the history ofWall Steet, John Bogle not only created the first index mutual fundbut has become the primary voice for change in an industry plaguedby excess and complacency. Bogle stumbled upon mutual funds byaccident in 1949 as a college student at Princeton. In his junioryear, he read a Fortune article about the burgeoning fund industrythat sparked his interest, and he wrote his now famous seniorthesis about it.
What began as an intellectual pursuit would turninto Bogle’s life mission. The House That Bogle Built chroniclesthe years of Bogle’s development from college whiz kid into a titanof the mutual fund industry and shareholder advocate—highlightinghis creation of the Vanguard Group and the Vanguard 500 Index Fundand his frequent battles to shake up the status quo. It takes youthrough the two decades he spent running Vanguard, until his forcedretirement in 1999, and discloses what he thinks about the fundindustry today.
What began as an intellectual pursuit would turninto Bogle’s life mission. The House That Bogle Built chroniclesthe years of Bogle’s development from college whiz kid into a titanof the mutual fund industry and shareholder advocate—highlightinghis creation of the Vanguard Group and the Vanguard 500 Index Fundand his frequent battles to shake up the status quo. It takes youthrough the two decades he spent running Vanguard, until his forcedretirement in 1999, and discloses what he thinks about the fundindustry today.