“With actively managed funds, people have big behavior problems. With f...” — John C. Bogle Quote

“With actively managed funds, people have big behavior problems. With funds that have done well, they put their money in, and when it has done bad, they want to take it out.”

“If the job of capitalism is to create wealth for those who put up the capital, no fund group comes close to Vanguard's success in serving its owners. So we're probably as far away from communism as is realistically possible.”

“I like Burton Malkiel's 'A Random Walk Down Wall Street.' He comes to the same conclusion that I do - that indexing is the way. My 'Little Book of Common Sense Investing' says pretty much the same thing.”

“New ideas that fly in the face of conventional wisdom of the day are always greeted with doubt and scorn, even fear.”

“It occurs to me that, after the huge output of writing I've produced over the years, there is a close link between my twin careers as investment executive and financial writer: The power of the word and the power of the book have played a major role in turning my vision... into reality.”

“I really liked falling in love with cities that I had actively disliked before.”

“I decided to teach because I think that any person who studies philosophy has to be involved actively.”

“There's something very noble about the bowling shoe. It has very little pretense, and it's kind of naughty. You have to share them with a bunch of other people, which is so kinky in a way that I like. What other shoes would you actively share with other people?”

“Austria can only be strong if we are not just members of the European Union but also actively help to strengthen the European Union.”

“There are good leaders who actively guide and bad leaders who actively misguide. Hence, leadership is about persuasion, presentation and people skills.”

“I do not work well when I am in living in a cyclone of panic. I reject actively seeking out destabilization and suffering as a creative model.”