159 Quotes by John C. Bogle

Well, I like regulation as little as anybody else. It can be intrusive. It can be detailed. It can be bureaucratic. It can be unevenly administered. It can be unfair. But most regulations that we have for mutual funds and for banks are regulations that we earned. We did something wrong and we're paying a price for it.

My favourite holdings are Vanguard's Wellington Fund, a balanced mutual fund which is a legacy investment from my first career at Wellington Management Co., and the Vanguard 500 Index Fund.

What indexing does is neutralize a large part of the stock market. There's no trading in those stocks, or almost none.

The average hedge fund manager is going to earn zero per cent in extra return.

Nothing is simpler than owning the stock market and holding it forever, and that's essentially the idea behind the index fund.

There is no country like the United States, with its diversified industrial base, technology leadership, innovation and strong pressure to build companies to make them grow.

Invest as efficiently as you can, using low-cost funds that can be bought and held for a lifetime.

If the fluctuations in your investment portfolio are reduced, the impact of emotions and behavior on your account is also reduced.

The culture of the mutual fund industry, when I came into it in 1951, was pretty much a culture of fiduciary duty and investment, with funds run by investment professionals. The firm I worked with, Wellington Management Co., they had one fund. That was very typical in the industry... investment professionals focused on long-term investing.