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Paperback • 2012 • English
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About the book
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, b...Show more
Book details
ISBN
9781118122778
Publisher
New York : Wiley
Published year
2012
Language
English
Original title
The Clash of the Cultures : Investment vs. Speculation
Format
Paperback
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