The Clash of the Cultures
In 'The Clash of the Cultures,' John C. Bogle presents a compelling exploration of the fundamental battle between investment cultures: the short-term traders versus the long-term investors. Bogle, the founder of Vanguard, emphasizes the importance of a principled, patient approach to investing as a way to combat the rampant short-termism that has overtaken financial markets. Through insightful anecdotes and rigorous analysis, he challenges conventional wisdom and urges readers to reconsider their investment philosophies. Bogle's passionate advocacy for ethical investing resonates deeply, prompting a powerful reflection on the true purpose of capital markets. This thought-provoking read is not just for investors; it's a call to safeguard the integrity of capitalism itself.
By John C. Bogle
Published: 2012
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