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John Bogle Talks About His New Book

November 01, 2010
John Bogle the Founder of The Vanguard Group went on CNBC to talk about his new book: Don't Count on It!: Reflections on Investment Illusions, Capitalism, "Mutual" Funds, Indexing, Entrepreneurship, Idealism, and Heroes

The book is a collection of essays based on speeches delivered to professional groups and college students in recent years, in Don't Count on It is organized around eight themes:
  • Illusion versus reality in investing
  • Indexing to market returns
  • Failures of capitalism
  • The flawed structure of the mutual fund industry
  • The spirit of entrepreneurship
  • What is enough in business, and in life
  • Advice to America's future leaders
  • The unforgettable characters who have shaped his career.

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