European University Institute Library

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

eng

illustrations

index present

non fiction

The clash of the cultures

748330569

John C. Bogle

investment vs. speculation

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 "mutual" fund culture : stewardship gives way to salesmanship -- Are fund managers true fiduciaries? : the "stewardship quotient" -- The index fund : the rise of the fortress of long-term investing and its challenge from short-term speculation -- America's retirement system : too much speculation, too little investment -- The rise, fall, and the renaissance of Wellington Fund : a case study : investment wins, speculation loses -- Ten simple rules for investors and a warning for speculators -- Appendix I. Performance ranking of major mutual fund managers : March 2012 -- Appendix II. Annual performance of common stock funds versus S&P 500, 1945-1975 -- Appendix III. Growth in index funds : number and assets, 1976-2012 -- Appendix IV. Wellington Fund record, 1929-2012 -- Appendix V. Wellington Fund equity ratio and risk exposure (beta), 1929-2012 -- Appendix VI. Wellington Fund performance versus average balanced fund, 1929-2012 -- Appendix VII. Wellington Fund expense ratios, 1966-2011