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The clash of the cultures : investment vs. speculation / / John C. Bogle



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Autore: Bogle John C Visualizza persona
Titolo: The clash of the cultures : investment vs. speculation / / John C. Bogle Visualizza cluster
Pubblicazione: Hoboken, N.J., : John Wiley & Sons, 2012
Edizione: 1st edition
Descrizione fisica: 1 online resource (382 p.)
Disciplina: 332.6
Soggetto topico: Investments
Speculation
Capital gains
Note generali: Includes index.
Nota di bibliografia: Includes bibliographical references and index.
Nota di contenuto: The clash of the cultures -- The double-agency society and the happy conspiracy -- The silence of the funds : why mutual funds must speak out on the governance of our nation's corporations -- The change in the "mutual" fund culture -- Are fund managers true fiduciaries? The stewardship quotient -- The index fund : the rise of the fortress of investment and its challenge by short-term speculation -- America's retirement system--too much speculation, too little investment -- The rise, fall, and renaissance of Wellington Fund : a case study--investment wins, speculation loses -- 10 simple rules for investors and a warning for speculators.
Sommario/riassunto: How speculation has come to dominate investment-a hard-hitting look from the creator of the first index fund. Over the course of his sixty-year career in the mutual fund industry, Vanguard Group founder John C. Bogle has witnessed a massive shift in the culture of the financial sector. The prudent, value-adding culture of long-term investment has been crowded out by an aggressive, value-destroying culture of short-term speculation. Mr. Bogle has not been merely an eye-witness to these changes, but one of the financial sector's most active participants. In The Clash of the Cultures, he
Altri titoli varianti: Investment vs. speculation
Investment versus speculation
Titolo autorizzato: The clash of the cultures  Visualizza cluster
ISBN: 1-280-99531-9
9786613766922
1-118-22474-4
Formato: Materiale a stampa
Livello bibliografico Monografia
Lingua di pubblicazione: Inglese
Record Nr.: 9910822112703321
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