Don't count on it!: reflections on investment illusions, capitalism, “mutual” funds, indexing, entrepreneurship, idealism, and heroes

This title includes insights into investing and leadership from the founder of The Vanguard Group. Throughout his legendary career, John Bogle - founder ofthe Vanguard mutual fund group and creator of the first index mutual fund-hashelped investors build wealth the right way, while, at the same time, leadinga tireless campaign to restore common sense to the investment world. A collection of essays based on speeches delivered to professional groups and college students in recent years, in "Don't Count on It" is organized around eight themes: Illusion versus reality in investing; Indexing to market returns; Failures of capitalism; The flawed structure of the mutual fund industry; The spirit of entrepreneurship; What is enough in business, and in life; Advice to America's future leaders; and, The unforgettable characters who have shaped his career. Widely acclaimed for his role as the conscience of the mutual fund industry and a relentless advocate for individual investors, in "Don't Count on It", Bogle continues to inspire, while pushing the mutual fund industry to measure up to their promise INDICE: Foreword. Introduction. A Note to the Reader. Part I: Investment Illusions. Chapter 1: Don't Count On It! The Perils of Numeracy. Chapter 2: TheRelentless Rules of Humble Arithmetic. Chapter 3: The Telltale Chart. Chapter4: A Question So Important That It Should Be Hard To Think about Anything Else. Chapter 5: The Uncanny Ability to Recognize the Obvious. Part II: Capitalism. Chapter 6: What Went Wrong in Corporate America? Chapter 7: Fixing a BrokenFinancial System. Chapter 8: Vanishing Treasures: Business Values and Investment Values. Chapter 9: A Crisis of Ethic Proportions. Chapter 10: Black Mondayand Black Swans. Chapter 11: The Go-Go Years. Part III: Mutual Funds. Chapter12: Re-Mutualizing the Mutual Fund Industry: The Alpha and the Omega. Chapter13: A New Order of Things: Bringing Mutuality to the Mutual Fund. Chapter 14:The Fiduciary Principle: No Man Can Serve Two Masters. Chapter 15: Mutual Funds at the Millennium: Fund Directors and Fund Myths. Chapter 16: High Standards of Commercial HonorJust and Equitable Principles of TradeFair Dealing with Investors. Part IV: Indexing. Chapter 17: Success In Investment Management: What Can We Learn From Indexing? Chapter 18: As The Index Fund Moves from Heresy to DogmaWhat More Do We Need To Know? Chapter 19: The Chief Cornerstone. Chapter 20: CONVERGENCE! The Great Paradox: Just as Active Fund Management Becomes More and More Like Passive Indexing, So Passive Indexing Becomes More and MoreLike Active Fund Management. Part V: Entrepreneurship. Chapter 21: Capitalism, Entrepreneurship, and Investing: The 18th Century vs. the 21st Century. Chapter 22: Seventeen Rules of Entrepreneurship. Chapter 23: Vanguard: Saga of Heroes. Chapter 24: When Does Innovation Go Too Far? Part VI: Idealism. Chapter 25: Business as a Calling. Chapter 26: The Right Kind of Success. Chapter 27: This Above All: To Thine Own Self Be True. Chapter 28: Enough. Chapter 29: If You Can Trust Yourself Chapter 30: The Fifth Never. Chapter 31: When a Man Comes to Himself. Part VII: Heroes. Chapter 33: Paul A. Samuelson. Chapter 34: Peter L. Bernstein. Chapter 35: Bernard Lown, M.D.. Index.

• ISBN: 978-0-470-64396-9
• Editorial: John Wiley & Sons
• Encuadernacion: Cartoné
• Páginas: 624
• Fecha Publicación: 17/11/2010
• Nº Volúmenes: 1
• Idioma: Inglés