The Bogle Effect by Eric Balchunas - Book Recommendation
The Bogle Effect is about Jack Bogle, the founder of The Vanguard
Group, an American investment management company. The book explores
Bogle's life as well as his financial and trading philosophy. This is a
book that delves into the betrayal that made Bogle start his own
investment management company. It details the company's (Vanguard)
growth, challenges, and the influence it has over present-day investors.
WHAT I LIKE ABOUT THE BOGLE EFFECT
The book is expansive and included some of Bogle's own words, giving us not just a third-person view but a first-person's as well. Also, the author did not paint his subject as some kind of saint. This is a book that did not only focus on Bogle's accomplishments - it does examine his dark side and its influence on his work.
WHO THIS IS FOR
The Bogle Effect is for those who know the man and want to know a bit more about his early days and the way his investing philosophy came together. Those not familiar with the man might be the ones to benefit most from this book as there are many tips about efficient investments and what made Bogle one of the best in the world.
Many thanks to Matt Holt for providing an advance copy.