A Memo from Jack Bogle

October 10, 2013

 To: Veterans and Principals

 From: John C. Bogle

             I’m back on the speaking circuit a bit (more to come on that later this month). I wasn’t sure whether or not to circulate “Financial Management: Profession or Business?”, the keynote speech I delivered on September 25 at the 70^th Anniversary of the Philadelphia CFA Society (Chartered Financial Analyst).

            But when the SRO audience at the National Constitution Center gave me a huge ovation for my efforts, and Philadelphia Inquirer columnist Joe DiStefano described the speech as a “stem-winder.” (His column is also attached.) I decided it was better for you at least to have the opportunity to peruse it.

            Funny thing: audiences (especially this one) seem to like being critiqued, and inspired to lofty goals.

            Think about it.

                                                                                     Best,

                                                                                    Jack