Bogle's Thoughts on 40 Years of Indexing

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  • เผยแพร่เมื่อ 4 ต.ค. 2016
  • Vanguard founder Jack Bogle says he's surprised it took index funds so long to gain real traction, but since then growth has been "astonishing."
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ความคิดเห็น • 55

  • @thatguygreg
    @thatguygreg 6 ปีที่แล้ว +106

    I could listen to Bogle read the phone book. What an incredible guy!

    • @LA-fr7fx
      @LA-fr7fx 5 ปีที่แล้ว +2

      That is a great quote!

  • @shavanga
    @shavanga 7 ปีที่แล้ว +64

    His brain is still razor sharp

  • @Olav3D
    @Olav3D 5 ปีที่แล้ว +48

    R.I.P.
    I almost exclusively buy index funds now. He did great things for the finance industry, especially for retail investors.

    • @goldewl
      @goldewl 3 ปีที่แล้ว

      What index funds are you buying? What alternatives to S&P 500 are worthwhile considering?

    • @Gold-oj8do
      @Gold-oj8do 2 ปีที่แล้ว +2

      @@goldewl Vanguards Total World Stock Fund, VT, is a good choice.

    • @erikt3162
      @erikt3162 2 ปีที่แล้ว +1

      Good strategy but be wary of index bubbles

    • @fredatlas4396
      @fredatlas4396 5 หลายเดือนก่อน

      ​@@erikt3162 If you are buying total world index, monthly investing I don't think bubbles will really be an issue. Just remember investing is a long term project, buy & hold

  • @tekootianderson
    @tekootianderson 4 ปีที่แล้ว +26

    Apart from your family Mr Bogle, the index is your legacy. RIP.

  • @helenoliver4838
    @helenoliver4838 ปีที่แล้ว +598

    What're your thoughts on a good ETF that you would hold to go along with QQQ in an IRA? I still have a long way to go. Don't mind risk. But is there an etf in here you like in addition to QQQ that covers different sectors?

    • @mayacho4910
      @mayacho4910 ปีที่แล้ว +1

      All these funds are 100% US. International diversification is important! VTSAX and VTIAX are all you need for stocks, or better yet VTWAX.

    • @helenoliver4838
      @helenoliver4838 ปีที่แล้ว +1

      @@mayacho4910 Okay, very good. Thanks.

    • @mariahhayes5089
      @mariahhayes5089 ปีที่แล้ว

      @@mayacho4910 Hello. I'm actually looking for a good trader that can help me trade and make good profit, I've been seeing so many recommendations but I don't think they're trusted. Please do you have any recommendations?, you seem to know your way around the market.

    • @mayacho4910
      @mayacho4910 ปีที่แล้ว

      @@mariahhayes5089 I would recommend my personal trader, her strategies are working.

    • @mayacho4910
      @mayacho4910 ปีที่แล้ว

      @@mariahhayes5089 Just look her up online.

  • @veritas3179
    @veritas3179 ปีที่แล้ว +3

    Thank you, Mr. Bogel. This man left a GREAT Legacy.

  • @vincentdesapio
    @vincentdesapio 8 หลายเดือนก่อน +2

    The shareholders own the company. It is the reason I got into Vanguard funds and as long as it stays that way I will stay with them.

  • @nm9412
    @nm9412 3 ปีที่แล้ว +7

    Just learning about investing and this guy is a pioneer!

  • @LA-fr7fx
    @LA-fr7fx 5 ปีที่แล้ว +16

    We need Jack Bogles in this world!

  • @amatuer2
    @amatuer2 7 ปีที่แล้ว +36

    brilliant man with a brilliant idea!

  • @JValek
    @JValek 5 ปีที่แล้ว +9

    Incredible. RIP Mr. Bogle

  • @jperez1910
    @jperez1910 5 ปีที่แล้ว +17

    Jack is a genius, invest for the ong haul and hang on to your assets...

  • @AllAmericanDreamChaser
    @AllAmericanDreamChaser 7 ปีที่แล้ว +15

    Great video. I really enjoy hearing from Jack about his take on investing in today's markets.

  • @tubeyou89119
    @tubeyou89119 3 ปีที่แล้ว +3

    "Judgement over process." Wow...I will be reflecting this quote for a while

  • @ttocselbag5054
    @ttocselbag5054 5 ปีที่แล้ว +12

    What an intelligent and principled man. I wish Jack Bogle was my grandfather.

  • @StatsMass
    @StatsMass 3 ปีที่แล้ว +4

    I have another view on the ETFs business. If managers can't deliver a product that can beat the index on performance (and on average, by definition they cannot). At least they can offer a product that allows investors to tailor their portfolios to their personal beliefs and restrictions. And in a manner that's very low cost!

  • @seankennedy2583
    @seankennedy2583 5 ปีที่แล้ว +10

    Who gives this video a thumbs down? Unreal....

    • @suman3316
      @suman3316 3 ปีที่แล้ว +5

      Fund managers

    • @yeniaraserol
      @yeniaraserol 3 ปีที่แล้ว +1

      Cathy et al

  • @YashvirD
    @YashvirD 5 ปีที่แล้ว +6

    My grandfather was a principled investor, and I lost him at the age of 12. I was too young to have an interest in money and earning. Jack reminds me of him. Such an upright man who's done so much for the average investor. RIP, Jack.

  • @tc9634
    @tc9634 5 ปีที่แล้ว +7

    Vanguard will never hit 100% of the securitisable market, but their growth will always be at least the same as the return on the underlying funds (their revenue is the total expense ratio out of that). Such growth is a SYMPTOM of placing judgement over process, governance and stewardship over growth, avoiding risk over maximising profits.

    • @user-qc8vj3vp9v
      @user-qc8vj3vp9v 2 ปีที่แล้ว +4

      Well said. Love Mr Jack Bogle; he's a principled man and definitely a legend. 👍🏼👏🤗🕉☮
      Exactly Mr. Bogle , Vanguard is a Trustee of the fiduciary duties entrusted to afeguard their clients' hard earned monies.

  • @pran10000
    @pran10000 3 ปีที่แล้ว +3

    I wish Vanguard comes to India one day.

  • @NeoStoicism
    @NeoStoicism 3 ปีที่แล้ว +8

    this is why vanguard is legit. especially for us average folks. by all means take some risks too, but have a nice vanguard fund rolling.

  • @stephencullum8255
    @stephencullum8255 3 ปีที่แล้ว +3

    I do buy Vanguard Index ETFs. But they are a smaller part of my overall investments. And they are still very low cost to buy and own. They help a individual investor starting out to start investing. You can buy a share at a time. I never day trade ETFs which is what I think Bogle's concern was about them.

    • @juanfelipe8484
      @juanfelipe8484 3 ปีที่แล้ว

      Indeed, he believed that a vehicle such as the etf would be very easy for people to trade.

  • @georgemarsone
    @georgemarsone 3 ปีที่แล้ว +2

    AMAZING MAN.....HAS HELPED MILLIONS.....

  • @joshsantos9965
    @joshsantos9965 5 หลายเดือนก่อน

    My main investment is VTSAX / VTI. Thank you Mr. Bogle! RIP

  • @BeautifulNaturalDramatic
    @BeautifulNaturalDramatic 2 ปีที่แล้ว

    Great guy providing such an epic insight into investments - beyond just profiteering and taking risks 👏👍👍

  • @MrTofu13
    @MrTofu13 2 ปีที่แล้ว

    Thank you Mr Bogle. RIP.

  • @Jupiterplus
    @Jupiterplus 2 ปีที่แล้ว +1

    Gem of a guy!

  • @Discovery_and_Change
    @Discovery_and_Change 2 ปีที่แล้ว

    0:48 it took 20 years, in the mid 90s, for indexes to gain traction/popularity

  • @videohooligan
    @videohooligan 4 ปีที่แล้ว +2

    Saint Bogle

  • @suman3316
    @suman3316 3 ปีที่แล้ว

    Those 5 dislikes are from...MF managers..

  • @scorpian6013
    @scorpian6013 4 ปีที่แล้ว +3

    40 years is too long gestation period.

  • @mannycarrasquillo6910
    @mannycarrasquillo6910 2 ปีที่แล้ว

    Jack Bogle was a fiscal Saint! That interviewer, though.... horrible.

  • @jackgoldman1
    @jackgoldman1 7 ปีที่แล้ว +6

    It's just currency indexing. Dow stocks were 995 silver dollars in 1966 and are still 995 silver dollars today. Stocks simply keep pace with counterfeiting currency, not profits. Yields are down 50% from 4%, the 100 year median, to 2%. If stocks drop 50%, it will be mean reversion to the 100 year average. The Fed will not let the stock market mean revert. The currency counterfeiting is out of control, globally. This is why gold was $35 an ounce to $1,400 an ounce. The dollar is down on the same ounce of gold. It's counterfeiting by the Fed, that's all it is. It's a massive counterfeit currency bubble. Protect yourself.