159 Quotes by John C. Bogle

It is character, not numbers, that make the world go ‘round.

But luck is never enough. The leader needs to be ready when opportunity knocks. It is sad when we don't get any breaks in this life, and sadder still when we don't recognize them when they make their appearance. But the saddest thing of all is not to have readied ourselves to make the most of them.

The mutual fund industry has been built, in a sense, on witchcraft.

When navigating the financial markets, the long-term investor must keep in mind the four basic dimensions of long-term return — reward, risk, cost and time — and must apply them to every asset class. Never forget that these four dimensions are remarkably interdependent.

Don't look for the needle in the haystack. Just buy the haystack!

Time is your friend; impulse is your enemy.

The stock market is a giant distraction to the business of investing.

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 successfully and consistently.

But most short-term renters of stocks are not particularly interested in assuring that corporate governance is focused on placing the interests of the stockholder first.