Interview on NPR’s Morning Edition: Rebuilding a Nest Egg.

Bogle on CNBC’s Squawk Box:

Mr. Bogle made an appearance this morning on CNBC’s Squawk Box.  

John Bogle on Squawk Box

February 26, 2009

 To: PRINCIPALS AND VETERANS:

 I’m pleased to attach the testimony that I gave at the House of Representatives on Wednesday on “Strengthening Worker Retirement Security,” before the Committee on Education and Labor.

Also attached are:

1. A recent article from The Philadelphia Inquirer, reporting on my speech entitled “Fixing our Broken Financial System,” given to a large audience invited by Stradley, Ronon, Stevens and Young.

2.  Some wonderful recent reviews by readers of ENOUGH. on Amazon.com. As you’ll see, almost all of the 29 readers who reviewed the book awarded it a 5-star rating.

3. A bit embarrassingly, two pleasing personal achievements, which I think many of you would like to know about. First, my article “Black Monday and Black Swans” was named in the Financial Analysts Journal as the winner of The Graham and Dodd Perspective Article Award of 2008.  Ironically, in 1960, when the G & D Awards were first introduced, my article “The Case for Mutual Fund Management” under the pen name John B. Armstrong (don’t ask) was awarded an Honorable Mention.  Perhaps these two articles-49 years apart are the “book ends” of my writing life.  (But I hope not!)

Second, my article “A Question So Important that it should be Hard to Think about Anything Else” was named one of the three most outstanding articles of 2008 in The Journal of Portfolio Management. Another irony: this article had been rejected by the Financial Analysts Journal (for perfectly sensible reasons). Such a vindication, as it were, is both a surprise and a delight.

To all of you, especially in these volatile times, “Press on, Regardless.”

                                                                                                                        JACK

Mr. Bogle delievered a speech on fiduciary duty today in Washington D.C.

Many eBlog readers have asked about the availability of an audio version of Mr. Bogle’s newest book, Enough. True Measures of Money, Business, and Life. The audio version is now available on Amazon and at other retailers. In it, Mr. Bogle reads the book’s Introduction and Afterword.

Mr. Bogle recently posted his New Year’s message on the Bogleheads.org website.

He also sent out the message below to veteran Vanguard crew members:

To Principals and Veterans 

Wrapping up 2008 

For your information, I’m attaching the following documents:

 1 - My December 10, 2008 speech to the Community College of Philadelphia.

2 - My essay on “Does the Free-Market Corrode Moral Character?” one of ten such essays prepared for the John Templeton Foundation.  (All ten of these essays are available at www.Templeton.org/market.)

3 - A wonderful reaffirmation of my thesis that Wall Street subtracts value from society, in a New York Times article fairly described as “Bogle without the steroids.”

4 -Four of the more significant reviews of Enough. including an incredibly generous appraisal from Tom Peters.  There must be a score of them-all favorable-in the blogosphere, but The New York Times and The Wall Street Journal have yet to oblige.  (In today’s Information-Society, that may not even matter!)

i. Tom Peters
ii. Barron’s
iii. The WealthNet (subscribers only)
iv. TIME magazine

5 - On December 27, Wellington Fund celebrated the 80^th anniversary of its founding in 2008.  With the death of State Street Investment Trust several years ago, we are now one of only three mutual funds that have endured for eight decades.  In January, I’ll be updating my 75^th Anniversary essay and circulating it among you.

Best wishes to all for 2009, which I have little doubt will be another year of challenge for the financial sector, our industry, and our firm.

An essay by Mr. Bogle recently ran on CNN’s website.

Jack Bogle’s newest book, Enough. True Measures of Money, Business, and Life, is now available, and we’ll soon be sending copies of the book’s first chapter to all registered users of Jack’s eBlog.

Jack’s publisher, John Wiley & Sons, has launched a new website dedicated to the book, and registered users there will be able to read the book’s Introduction.

Praise for Enough.

Jack Bogle’s passionate cry of Enough challenges each of us to aspire to become better members of our families, our professions, and our communities.  Rarely do so few pages provoke so much thought.  Read this book.
- David F. Swensen,Chief Investment Officer,
Yale University

What went wrong? What can, and should, go right? The great Jack Bogle has the answers. Enough. will leave you hungry for more.
- James Grant, editor of Grant’s Interest Rate Observer

In Enough., Jack Bogle distills down his half-century of observations on the capital markets, and of life in general, into a few hundred entertaining pages—required reading for those concerned about their own future, their family’s future, and the nation’s future.
- Bill Bernstein, author, A Splendid Exchange, and The Four  Pillars of Investing

If pamphlets were still the rage, 48 pages distilled from the contents of this book could be something as powerful to our age as anything written by Thomas Paine or Marx and Engels. In our more bookish time, though, Bogle has fleshed his ideas out to an interesting, 266-page overview of his life and his views.
- Barron’s

The current issue of the Wharton School’s “KnowledgeLes joueurs sur Top poker promotions placent leurs mises avant chaque donne des cartes. @ Wharton” features an article on exchange traded funds, in which Mr. Bogle is quoted.

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Linked below is a speech Mr. Bogle gave at the George Washington University Law School on February 19.

Manuel Cohen Lecture