John Bogle's 10 Rules of Investing (Founder of Vanguard) [Bogleheads Guide to Investing]

John Bogle's Interview with Jim Lange, on Jack Bogle's 10 rules for investment success. John Bogle was the founder and chief executive of The Vanguard Group, and was credited with creating the first index fund. #JohnBogle #JackBogle #Boglehead

Timestamps:

0:00 - John Bogle's key 10 rules of investing are :

0:16 - 1. Reversion to the mean: What's hot today isn't likely to be hot tomorrow.

2:51 - 2. Time is your friend: Let the miracle of compound interest work for you.

5:15 - 3. Buy right and hold tight: Stick to the plan no matter how greedy or scared you become.

6:09 - 4. Have realistic expectations: You are unlikely to get rich quickly.

7:09 - 5. Forget the needle, buy the haystack: Buy broad-based index or exchange-traded funds and you can cut stock risk, style risk, and manager risk.

7:53 - 6. Minimize the “croupier’s” take: Minimize fees by investing in low-cost funds. This increases your return.

8:39 - 7. There’s no escaping risk: There’s no wealth without risk.

12:47 - 8. Don’t fight the last war: What worked in the past is no predictor of what will work in future.

14:51 - 9. The hedgehog beats the fox: Foxes represent the financial institutions that charge far too much for their artful, complicated advice. A hedgehog does one thing when threatened — he curls up into a spiny ball. Simple, but effective, like an index fund.

16:46 - 10. Stay the course: The secret to successful investing isn’t forecasting or good stock picking. It is about making a plan, sticking to it, and eliminating unnecessary risks.

John Bogle/ Boglehead books:

0:00 Introduction
0:01 John Bogle-Founder of Vanguard 10 rules for investment success
0:17 Reversion to the mean What's hot today isn't likely to be hot tomorrow
2:52 Time is your friend Let the miracle of compound interest work for you.
5:16 Buy right and hold tight Stick to the plan no matter how greedy or scared you become
6:11 Have realistic expectations You are unlikely to get rich quickly.
7:10 Forget the needle, buy the haystack Buy index funds and you can cut risk
7:55 Minimize the "croupier's" take Minimize fees by investing in low-cost funds. This increases your return.
8:41 There's no escaping risk
12:48 Don't fight the last war What worked in the past is no predictor of what will work in future
14:53 The hedgehog beats the fox Foxes represent financial institutions & hedgehogs are index funds
16:47 Stay the course Make a plan, stick to it, and eliminate unnecessary risks

[BrunoMota]

As a fervent investor, I frequently ponder the methods and routes through which successful investors accumulate fortunes in the millions. Despite having a significant starting capital, I'm unsure about the precise strategies or channels that would lead to gains surpassing $400k, akin to those achieved by others recently.

[NotyourBusiness-urto]

People who are able to retire early are lucky . I have 15 months till 65 and need to look at calling it quits, my only fear is running out of funds much later, thus keen on investing. What could be the safest possible ways to invest for cashflow, in order to afford lifestyle after retirement?

[wiv]

John Bogle has made it possible for the common man with patience to invest in the stock market and come out ahead over the long term.

[vaughngaminghd]

I miss this man and his incredible voice… RIP Jack Bogle!

[robertknight]

John Bogle is my greatest teacher. It seems like he’s just saying something that you already know but have to be reminded.

[sommersalt]

I followed Jack Bogle the last decade, and he was always With SPX above 5000 what assets/sectors will drive the next bull trend. I cashed out before the last dip, now I have less than 200k to average down with. Any ideas? Should I get into short positions in this quarter or is it headed higher?

[marthas]

I owe my retirement to this man. RIP, and many thanks.

[loud]

Mr. Bogle was and still is the Abraham Lincoln of finance. His impact to the world of investing is immeasurable. He was a truly great and brilliant man.

[FluentinFinance]

Do you agree with John Bogle❓

Timestamps:
0:00​ - John Bogle's key 10 rules of investing
0:16​ - 1. Reversion to the mean: What's hot today isn't likely to be hot tomorrow.
2:51​ - 2. Time is your friend: Let the miracle of compound interest work for you.
5:15​ - 3. Buy right and hold tight: Stick to the plan no matter how greedy or scared you become.
6:09​ - 4. Have realistic expectations: You are unlikely to get rich quickly.
7:09​ - 5. Forget the needle, buy the haystack: Buy broad-based index or exchange-traded funds and you can cut stock risk, style risk, and manager risk.
7:53​ - 6. Minimize the “croupier’s” take: Minimize fees by investing in low-cost funds. This increases your return.
8:39​ - 7. There’s no escaping risk: There’s no wealth without risk.
12:47​ - 8. Don’t fight the last war: What worked in the past is no predictor of what will work in future.
14:51​ - 9. The hedgehog beats the fox: Foxes represent the financial institutions that charge far too much for their artful, complicated advice. A hedgehog does one thing when threatened — he curls up into a spiny ball. Simple, but effective, like an index fund.
16:46​ - 10. Stay the course: The secret to successful investing isn’t forecasting or good stock picking. It is about making a plan, sticking to it, and eliminating unnecessary risks.

[ScaryClarey]

I love how he explains things in ways non-pros can understand. Very interested in learning more from Jack Bogle's wisdom.

[scottarmstrong]

This is my fifth year after retirement. I’ve been following the 4% rule thing, but this isn’t really how hard I expected things to be. I still have about $460k outside funds in my IRA to invest in stocks. Pls how do I take advantage of the market turnaround?

[Riggsnic_co]

These are very valuable rules for anybody who wants to get rich. Unfortunately, most people who will watch this video will not really be able to apply the principles. We may not want to admit, but as Warren Buffett once said, investing is like any other profession-- it requires a certain level of expertise. No surprise that some people are losing a lot of money in the bear market, while others are making hundreds of thousands in profit. I just don't know how they do it. I have about $89k now to put in the market.

[michaelschiemer]

Successful investing is hard work because it means disciplining your mind to do the opposite of human nature. Buying during a panic, selling during euphoria, and holding on when you are bored and just craving a little action. Investing is 5% intellect and 95% temperament.

[ContrarianExpatriate]

I remember seeing John Bogle waiting for his train at Suburban Station in Philadelphia back in the 1990s. I was in my late twenties at the time and decided not to go say hello so I just admit he man from afar. Little did I know that decades later, I would become wealthy because of this man’s investment philosophy. Had I known that then, I would have thanked him in advance.

[skeller]

I wish everyone could see and understand Bogle’s lessons, the are the most common sense and easiest way to invest. Thanks for the video!

[mmabagain]

I always here that active funds don't beat index funds over the long term but Vanguard's Wellington and Wellesley funds have beaten their corresponding indexes for over 25 years.

[DisruptiveWealthCreation]

Love this guy sharing his life experience. Some great advice there.

[hassanzorome]

Thank you John B and everything you have done for the investment world, I’ll invest with Vanguard until my last day in this world.You’re integrity and honesty are no limit RIP, you’re my hero👍🙏☝️❤️

[newbeginnings]

I thought his name was Jack! 🤦‍♂️ Funny thing is, his name is John too!

[jecny]

Reversion to the mean. Another way of saying dumb money chases hot money. I bought CGMFX in July of 2007. That was a painful lesson.