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Jack Bogle: 'This is a Great Day for Buyers'

June 22, 2012 | About:
Dheeraj Grover

Dheeraj Grover

18 followers
Jack Bogle, The Vanguard Group senior chairman & founder, shares his view on selloff. "It's a great day for buyers and a terrible day for sellers," he says.

Again as has always been advised by all the great investors John Bogle also suggest don't panic and keep long term in perspective, in fact buy on days where there is big decline.

On Economy: He said this time it is different. He generally do not think much about the Economy and macro environment but this time he is also worried about the economic environment. He thinks valuations are fine this time as compared to what was experienced in past declines in stock market.

His investment advise : Be cautious! but dont fully get out of equities. Have a self discipline of not selling when markets have declined



Here is the video:

About the author:

Dheeraj Grover
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

Rating: 3.6/5 (8 votes)

Comments

vgm
Vgm - 1 year ago
Bogle at his best! He always reminds me of the saying that common sense is uncommon.

Thanks for posting.

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