I believe Washington should be a more active participant focusing on the issue of why corporate shareholders and mutual fund shareholders are not given fair treatment by corporate management and mutual fund management. We need to develop a national standard of fiduciary duty to ensure that these agents, if you will, are adequately representing the principles - pension beneficiaries and mutual fund shareholders - whom they are duty bound to serve.
John C. BogleIf you have trouble imagining a 20% loss in the stock market, you shouldn't be in stocks.
John C. BogleThe historical data support one conclusion with unusual force: To invest with success, you must be a long-term investor.
John C. BogleIt's 1450 out of 1500 ETF funds that I just wouldn't touch because they're not diversified enough. Or they have some huge speculative twist to them that if you can guess the markets right you will do very well for a day or two but who can do that? Nobody.
John C. Bogle