The miracle of compounding returns has been overwhelmed by the tyranny of compounding costs.
John C. BogleIf it is hard to imagine that 20% of losses on the stock market, you should never participate
John C. BogleSuccessful investing is about owning businesses and reaping the huge rewards provided by the dividends and earnings growth of our nation's - and, for that matter, the world's - corporations.
John C. BogleSurprise! The returns reported by mutual funds aren't actually earned by mutual fund investors.
John C. BogleWe are facing incredible challenges in the economy of the U.S. and the economy of the globe, but the stock market, we never know whether it's over-discounted or under-discounted or got exactly right its anticipation.
John C. BogleWithout getting into brothels, there are ethical capitalists the problem is that there aren't enough of them. It is not "just a few bad apples" that have been evident in our corporations, our investment bankers and our mutual funds, but so many that one has to concede that the barrel itself needs some work.
John C. Bogle