I can’t find the references to “Don’t take my word for it” quotes on your website. Please send them to me.

The quotes references are located in the bibliography page ( link above )

Your book clearly demonstrates the superiority of low expense funds. I understand why you are recommending owning equity holdings in an all-US stock market index portfolio. It is less clear to me why you ar recommending holding bonds in an all-US bond market index portfolio. In combinations of equity and bond portfolios where the stock amount is large enough to dominate overall portfolio declines a long-term bond index fund will produce a greater return than an all-market fund index fund. It is only when bond declnes dominate the portfolio declines, say at bond amounts of 70% or higher, that an all-market bond fund might be a better recommedation. In other words, considering both risk and return a portfolio of 50% in a total stock market fund and 50% in a long-term bond index fund is better than a portfolio of 50% in a total stock market index fund and 50% in a total bond market fund.

Mr. Bogle,

Thank you for producing this excellent “little book.” It has not only helped inform the way I consider my own investments, but also how I view the finance industry. It fact – it has inspired me (along with the work of David Swensen) to begin a career change. I hope to turn my excitement for investing and education into a career that will further develop and integrate your strategies so they become part of the financial planning process for many others.

I consider myself lucky to have been introduced to Vanguard and your work – rather by chance.

Thank you