The Vanguard Experiment: John Bogle's Quest to Transform the Mutual Fund Industry

by Robert Slater

Book Overview

This text chronicles Vanguard from start up in 1975 to the second largest mutual fund company in the USA at present. It reveals how John C. Bogle, chairman of The Vanguard Group, realized his vision... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0786305592
• ISBN13: 9780786305599
• Release Date: October 1996
• Publisher: McGraw-Hill Companies
• Length: 270 Pages
• Weight: 1.30 lbs.
• Dimensions: 1.1" x 6.3" x 9.3"

Customer Reviews

It is a great story of a great company founded by a great man

John Bogle is a pioneer who transformed the mutual fund industry. This book is the story of John Bogle and Vanguard, a mutual fund company he founded in 1974. He saw that the mutual fund industry was not there to serve its clients, but to make the people running individual companies rich. He believed that clients can be better served if they invest in all American businesses through index funds. This strategy is not only less costly, but also beats the majority of other mutual fund managers. The idea caught on so well that by 1996, Vanguard had over $200 billion in assets under management. I recommend this book to readers. It is a great story of a great company founded by a great man. - Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market

Excellent book for those interested in Vanguard

Would recommend anyone intersted in this book to first read "Bogle on Mutual Funds" first as it's an excellent book and covers similar material. If you are still interested in learning more about Vanguard, then this book is an excellent compliment. It's not as critical of it's subject as I would have liked, and really doesn't cover the personal life of the subject so as a biograhy leaves a lot to be desired. It does, however chronicle the amazing story of Vanguard.