John C. Bogle Quotes
As I have earlier noted, the most important things in life and in business can’t be measured. The trite bromide 'If you can measure it, you can manage it' has been a hindrance in the building a great real-world organization, just as it has been a hindrance in evaluating the real-wor . . . Read more

-John C. Bogle
The mutual fund industry has been built, in a sense, on witchcraft.

-John C. Bogle
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The grim irony of investing, then, is that we investors as a group not only don't get what we pay for, we get precisely what we don't pay for. So if we pay for nothing, we get everything.

-John C. Bogle
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On balance, the financial system subracts value from society

-John C. Bogle
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The most important of these rules is the first one: the eternal law of reversion to the mean (RTM) in the financial markets.

-John C. Bogle
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In 1980, the compensation of the average chief executive officer was forty-two times that of the average worker; by the year 2004, the ratio had soared to 280 times that of the average worker (down from an astonishing 531 times at the peak in 2000). Over the past quarter-century, CEO . . . Read more

-John C. Bogle
The idea that a bell rings to signal when investors should get into or out of the market is simply not credible. After nearly 50 years in this business, I do not know of anybody who has done it successfully and consistently. I don't even know anybody who knows anybody who has done it . . . Read more

-John C. Bogle
they pale by comparison to the trading volumes of hedge funds, to say nothing of the levels of trading in exotic securities such as interest rate swaps, collateralized debt obligations, derivatives such as futures on commodities, stock indexes, stocks, and even bets on whether a given . . . Read more

-John C. Bogle