To: Veterans and Principals
From: John C. Bogle
Date: July 15, 2015
Subject: The Press Coverage Continues
1. FORTUNE, June 16, 2015. “Investors first is slowly taking hold in finance.” This article by Eleanor Bloxham begins with a review of my June speech to CFA/Philadelphia, and then discusses the messages in two of my early books, recently republished as “Classic Editions” with new forewords. (Yes, we’re making arrangements to offer them together to the crew in a “boxed” package.)
2. FORBES, June 29, 2015. “Tiger’s Lair: Inside Vanguard Founder Jack Bogle’s Busy Office.” Some insightful comments. But one more photo of my desk chair—empty—gives me the willies.
3. MARKET WATCH, June 18, 2015. “ . . . Insight that triples retirement returns.” Solid insights by Mitch Tuchman, focused on one of Vanguard’s founding principles: Seek “relative predictability” (to comparable peers) in fund performance, and win with our huge cost advantage.
4. BUSINESS INSIDER, July 8, 2015. “Investing pros John Bogle, Warren Buffett, and Charlie Munger all agree on the best way for the average person to invest.” (I don’t think I need tell you what that way is!) It’s always fun to have Vanguard 500 Index Fund endorsed by experienced experts such as Warren and Charlie.
Enjoy! Hope you are having a good summer.
Jack