Ebook: The house that Bogle built: how John Bogle and Vanguard reinvented the mutual fund industry
Author: McGraw-Hill Companies., Braham Lewis
- Year: 2011
- Publisher: McGraw-Hill Companies
- City: New York
- Language: English
- epub
John Bogle's journey from industry pioneer to one of its toughest critics
Arguably the greatest shareholder advocate in the history of Wall Steet, John Bogle not only created the first index mutual fund but has become the primary voice for change in an industry plagued by excess and complacency. Bogle stumbled upon mutual funds by accident in 1949 as a college student at Princeton. In his junior year, he read a Fortune article about the burgeoning fund industry that sparked his interest, and he wrote his now famous senior thesis about it.
What began as an intellectual pursuit would turninto Bogle's life mission. The House That Bogle Builtchronicles the years of Bogle's development from college whiz kid into a titan of the mutual fund industryand shareholder advocate—highlighting his creation of the Vanguard Group and the Vanguard 500 Index Fund and his frequent battles to shakeup the status quo. It takes you through the two decades he spent...