{"id":563,"date":"2011-09-16T06:46:52","date_gmt":"2011-09-16T11:46:52","guid":{"rendered":"http:\/\/johncbogle.com\/wordpress\/?p=563"},"modified":"2011-09-16T11:29:40","modified_gmt":"2011-09-16T16:29:40","slug":"from-john-bogle-9","status":"publish","type":"post","link":"https:\/\/johncbogle.com\/wordpress\/2011\/09\/16\/from-john-bogle-9\/","title":{"rendered":"Endowment Speech, Upcoming Appearance on CNBC"},"content":{"rendered":"<p>September 16, 2011<\/p>\n<p><strong>To Veterans and Principals,<\/strong><\/p>\n<p><strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/strong>I\u2019m attaching <a href=\"https:\/\/johncbogle.com\/wordpress\/wp-content\/uploads\/2011\/09\/NMS-9-12-12.pdf\">a copy of my speech<\/a>\u00a0to the <strong>NMS Investment Management Forum,<\/strong> presented to a packed house of some 400 endowment fund and pension fund officers in Washington, D.C., last Monday, September 12.<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 It includes a discussion of endowment fund investment policy; a comparison of endowment fund returns with the model index fund portfolio (50 percent stocks, 50 percent bonds) that I recommended <em>15 years ago<\/em> in an essay for the Common Fund; and a forecast of future stock and bond returns.\u00a0 It also includes commentary about the risks involved in the greatly expanded use of alternative investments, now the dominant portion of endowment portfolios.<\/p>\n<p>If these subjects interest you, I think you\u2019ll enjoy the talk.<\/p>\n<p>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<em> <strong>Jack<\/strong><\/em><\/p>\n<p><strong>\u00a0<\/strong><\/p>\n<p>Note 1: <strong>On Monday September 19<\/strong>, I\u2019ll be doing a full hour\u2014from 1PM to 2PM\u2014on CNBC\u2019s <strong>\u201cPower Lunch,\u201d<\/strong> with Tyler Mathisen.\u00a0 We\u2019ll be talking about current issues, including Vanguard\u2019s growth and industry position, index funds, and today\u2019s financial markets.<\/p>\n<p>Note 2:\u00a0 The endowment fund speech, along with most of my other speeches, interviews, etc. have all been posted on my Bogle eblog\u2014<strong>www.johncbogle.com.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>September 16, 2011 To Veterans and Principals, \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 I\u2019m attaching a copy of my speech\u00a0to the NMS Investment Management Forum, presented to a packed house of some 400 endowment fund and pension fund officers in Washington, D.C., last Monday, September 12. \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 It includes a discussion of endowment fund investment policy; a comparison of endowment [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[15,9],"tags":[],"class_list":["post-563","post","type-post","status-publish","format-standard","hentry","category-memos-to-principals-and-veterans","category-recent-speeches"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/posts\/563","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/comments?post=563"}],"version-history":[{"count":3,"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/posts\/563\/revisions"}],"predecessor-version":[{"id":573,"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/posts\/563\/revisions\/573"}],"wp:attachment":[{"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/media?parent=563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/categories?post=563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/tags?post=563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}