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Quote by John C. Bogle

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John C. Bogle
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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“Why is it that nobody cries out, nobody spits in their faces, nobody jumps at their throats? We doff our caps to the S.S. men returning from the little wood; if our name is called out we obediently go with them to die, and we do nothing. We starve, we are drenched by rain, we are torn from our families. What is this mystery? This strange power of one man over another? This insane passivity that cannot be overcome? Our only strength is our great number; the gas chambers cannot accommodate all of us.”