10 Questions for John Bogle
(2 of 2)
It's not a problem. Over a 50-year period, about 4% of all managers will beat the market. If you think I'm going to tell you it's impossible for my son to be in that 4%, you don't know me very well.
IF YOU COULD GIVE ALL THE NATION'S INVESTORS ONE BOOK TO READ, WHAT WOULD IT BE?
I did my best to provide that book in Bogle on Mutual Funds. I'd say, if you're really a basic investor, Bill Schultheis's The Coffeehouse Investor. And if you're more sophisticated, I'd certainly do Burton Malkiel's A Random Walk Down Wall Street.
YOU HAD A HEART TRANSPLANT IN 1996. HOW HAS IT CHANGED YOU?
It's a pretty strange thing to be given a second chance at life. I still play squash, and I can be with my wife and children and grandchildren a lot more. But has it made me a better person? Alas, I'm afraid I'm the same old, fallible fool. I try, but we are who we are.
- « PREV PAGE
- 1
- 2
Most Popular »
- JC Penney and Ellen, Lowe's and All-American Muslim: A Tale of Two Bigotries
- Four Ways the U.S. Could End Up at War with Iran Before the Election*
- The Art of Nazi Hunting: How Israel's Mossad Found Adolf Eichmann
- Top 10 Celebrity Restaurants
- Study: Zapping the Brain Boosts Memory
- College Endowments: Why Even Harvard Isn't As Rich As You Think
- Bradying: The Poor Man's Tebowing
- Pentagon Rules 'Shift' on Women in Combat
- Twimmolation Alert: Roland Martin Gets His Ascot in Hot Water at CNN
- House Pulls the Plug. Too Soon or Too Late?
- The Upside Of Being An Introvert (And Why Extroverts Are Overrated)
- The Brain: How The Brain Rewires Itself
- Egypt's NGO Crisis: How Will U.S. Aid Play in the Controversy?
- Why Is Your Boss Moving to Brazil?
- Friends With Benefits
- Seoul Searching
- New York City: 10 Things to Do
- Pentagon Rules 'Shift' on Women in Combat
- Haiti Papers Over the Past: The Rebranding of 'Baby Doc' Duvalier
- In Singapore, Finding Peace Among the Pain of Thaipusam
More News from Our Partners
Top Stories on TIME.com
Quotes of the Day »
