Fred's Blog

Good Book: The Battle for the Soul of Capitalism (2005, John C. Bogle)

I have always had a lot of respect for John C. Bogle, founder of Vanguard Funds. I consider his book The Battle for the Soul of Capitalism well worth reading. He defines problems with Corporate America, Investment America and Mutual Fund America - and talks about causes and solutions.

Unlike many "Now that I am retired I want to Rant" books (i.e. Lee Iaccoca's Where Have All the Leaders Gone?), Mr. Bogle's treatise is clear and logically presented. You also don't have to be a fan or believer in "Stock Indexing" to get something out of it. I like his style... Check it out.

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