The excesses are most starkly visible in the continuing crisis in banking and investment, and even in the two enormous government-sponsored (but publicly owned) mortgage lenders, to say nothing of the billion-dollar-plus annual paychecks that top hedge-fund managers draw down and the excessive compensation paid to CEOs, regardless of performance.
Throughout his legendary career, John Bogle, founder of the Vanguard mutual fund group and creator of the first index mutual fund, has helped investors build wealth the right way and led a tireless campaign to restore common sense to the investment world. Along the way, he's seen how destructive an obsession with financial success can be.
Now, with Enough, he puts this dilemma in perspective. Bogle offers his unparalleled insights on money, on the values we should emulate in our business and professional callings, and on what we should consider as the true treasures in our lives. By explaining what "enough" truly is, he demonstrates how close everyone can be to having it.
©2008 John C. Bogle; (P)2008 HighBridge Company
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Repetitive. I like bogle and what he stands for. Listening to this book is like listening to a repetitive sermon. You keep saying the same thing over and over and over again. Low-cost mutual funds are the way to go. The financial sector does not have your best interest at heart. Be satisfied with enough. Find meaning in things other than wealth accumulation. Could have summed up the entire book in one chapter.
Excellent book. Strongly suggest it. Narrator was not great though unfortunately. The narrator for the little book of investing was much better.
"John Bogle's Bio and Frustrations"
I listened to the entire book. Sounded like a sale's pitch for Vanguard and a biography of all of John Bogle's accomplishments. I seriously think his intention was to leave a sort of memoir. The biggest take away, just like all of his books: Buy Vanguard's index funds because all others are taking too much from you through unnecessary higher fees, even though their funds rarely beat the market.
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