The House that Bogle Built Download And Read Free
About The Book In Short
I had the honour and great pleasure of meeting John Bogle, one of the financial services sector figures I most admire, around ten years ago. Along with having dinner with him, I also shared a panel with the guy I and many others refer to as “Saint Jack.” I was particularly interested in reading Lewis Braham’s book, “The House that Bogle Built,” since I had met him in person and had been interviewed by the author.
Actually, the book is two stories. One is on John Bogle, a well-known champion of the rights of individual investors, and the other is about The Vanguard Group, the company he created in 1974 but was ultimately forced to leave.
Braham, a business writer with a focus on personal finance, does a fantastic job of depicting the guy, one of the greatest and most modest persons I have ever met, in addition to relaying the history. Bogle continues to fight for what I see as the side of the angels even in his so-called retirement, and he’s making progress in this battle.
The other tale, which concerns what may be referred to as a struggle for Vanguard’s existence as the largest mutual fund business in the world, is also well-told by Braham. He demonstrates the challenges Bogle’s successors, John Brennan and William McNabb, have encountered with Vanguard’s purportedly “not-for-profit” business model.