| Description |
1 online resource |
|
data file rda |
| Note |
Includes index. |
| Contents |
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. |
| Bibliography |
Includes bibliographical references and index. |
| Summary |
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. |
| Subject |
Investments.
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Speculation.
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Capital gains.
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Investments |
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Investissements. |
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Spéculation. |
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Gains en capital. |
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speculating. |
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Capital gains |
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Investments |
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Speculation |
| Other Form: |
Print version: Bogle, John C. Clash of the cultures. Hoboken, N.J. : John Wiley & Sons, ©2012 9781118122778 (DLC) 2012026770 (OCoLC)748330569 |
| ISBN |
9781118238219 (ePub) |
|
1118238214 (ePub) |
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9781118224748 (Adobe PDF) |
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1118224744 (Adobe PDF) |
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9781118262818 (MobiPocket) |
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1118262816 (MobiPocket) |
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1280995319 |
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9781280995316 |
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(cloth) |
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