Quotes by John C. Bogle

I had done some work on index funds in my senior thesis at Princeton in 1951.

If the job of capitalism is to create wealth for those who put up the capital, no fund group comes close to Vanguard's success in serving its owners. So we're probably as far away from communism as is realistically possible.

We do some things for family reasons. If it's not consistent, well, life isn't always consistent.

I spend about half of my time wondering why I have so much in stocks and about half wondering why I have so little.

The long-term focus of index funds is a much needed counterweight to the short-termism favored by so many market participants.

There no longer can be any doubt that the creation of the first index mutual fund was the most successful innovation - especially for investors - in modern financial history.

Working for company X and having a substantial portion of your retirement plan in company X is simply exposing yourself to too much risk, because the company is both your employer and the source of your retirement income. So if something goes wrong, you lose both your job and your retirement plan.

If you were to just design the perfect retirement plan, you would own the stock market or you would own the bond market. You would get all the costs or all that you possibly could out of the system. So on an annual basis, if the market went up 8 percent, you would get 7.8 or 7.9 percent.

Investing is a virtuous habit best started as early as possible.

I liked the so-called Volcker Rule. I would have separated investment banking and commercial, deposit banking, as we did under the Glass-Steagal Act. I would have brought back Glass-Steagal.