Enough

True Measures of Money, Business, and Life

By: John C. Bogle

Narrated by: Alan Sklar

For a critical element of American society, including many of its wealthiest and most powerful, there seems to be no limit today on what "enough" entails.

The excesses are most starkly visible in the continuing crisis in banking and investment, and even in the two enormous government-sponsored (but publicly owned) mortgage lenders, to say nothing of the billion-dollar-plus annual paychecks that top hedge-fund managers draw down and the excessive compensation paid to CEOs, regardless of performance.

Throughout his legendary career, John Bogle, founder of the Vanguard mutual fund group and creator of the first index mutual fund, has helped investors build wealth the right way and led a tireless campaign to restore common sense to the investment world. Along the way, he's seen how destructive an obsession with financial success can be.

Now, with Enough, he puts this dilemma in perspective. Bogle offers his unparalleled insights on money, on the values we should emulate in our business and professional callings, and on what we should consider as the true treasures in our lives. By explaining what "enough" truly is, he demonstrates how close everyone can be to having it.

©2008 John C. Bogle (P)2008 HighBridge Company

Worth reading

the compounding effects of management fees and taxes are exorbitant. I got a lot out of the $1000 investment example over a 50 year time frame. with taxes and fees it's cut by an order of magnitude

Inspirational

A great reminder of where we came from and where we should try to go.

Very Inspiring

Tons of wisdom in this book— not just about investing, but for life. I found the finale to be especially inspiring. Bogle was a true battler.

Repetitious

Repetitive. I like bogle and what he stands for. Listening to this book is like listening to a repetitive sermon. You keep saying the same thing over and over and over again. Low-cost mutual funds are the way to go. The financial sector does not have your best interest at heart. Be satisfied with enough. Find meaning in things other than wealth accumulation. Could have summed up the entire book in one chapter.

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great!
amazing book.
lots of advice to follow, lessons learnt.
examples, I will read more about index funds definitely