Reflections on Investment Illusions, Capitalism, "Mutual" Funds, Indexing, Entrepreneurship, Idealism, and Heroes
Throughout his legendary career, John Bogle-founder of the Vanguard mutual fund group and creator of the first index mutual fund-has helped investors build wealth the right way, while, at the same time, leading a tireless campaign to restore common sense to the investment world.
A collection of essays based on speeches delivered to professional groups and college students in recent years, Don't Count on It is organized around eight themes
Illusion versus reality in investing
Indexing to market returns
Failures of capitalism
The flawed structure of the mutual fund industry
The spirit of entrepreneurship
What is enough in business, and in life
Advice to America's future leaders
The unforgettable characters who have shaped his career
Widely acclaimed for his role as the conscience of the mutual fund industry and a relentless advocate for individual investors, in Don't Count on It, Bogle continues to inspire, while pushing the mutual fund industry to measure up to their promise.