“Yes, the investor is often his own worst enemy. Yes, the marketing colossus known as the mutual fund industry provides the weaponry which enables investors to indulge their suicidal instincts. No, the fund industry was hardly an innocent bystander in the market boom and the subsequent carnage. "We have met the enemy and he is us"... all of us.”
Quote by John C. Bogle
Author
John C. Bogle
John C. Bogle, born on May 8, 1929, is a distinguished investor. He is known as a pioneer in index investing and founded Vanguard Group, which has been instrumental in the development of low-cost index mutual funds. more
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“The principal role of the mutual fund is to serve its investors.”
Source: This way for the gas, ladies and gentlemen
Source: This way for the gas, ladies and gentlemen