It’s Time to Stand Up to the Supreme Court

            “Over the top” can be fun, particularly if it comes only infrequently!

             Surely “over the top” is a fair description of the lengthy piece–”The Warrior”–appearing in the April 1, 2010 issue of The American Way magazine of American Airlines.  It is remarkably generous in its appraisal of Vanguard and my career.

             And if that’s a fair description of the article, the portrait is so far “over the top” that we need to find a new, more exuberant expression.

             I think you’ll enjoy both the story and the painting.  I hope so!

                                                                                                Best,

                                                                                                Jack

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

Bogle on CNBC’s Squawk Box:

Mr. Bogle will be conducting a book signing at a Barnes & Noble in New York City next week.

Date: Wed. June 17^th

Time: 6:30pm

Location: Barnes and Noble 5^th Ave.

What it is: Speak and Sign with Q&A

How long: One hour for Speak/Q&A with signing to follow.

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.