The Clash of the Cultures : Investment vs. Speculation
Recommended Reading by Warren Buffet in his March 2013 Letter to ShareholdersHow speculation has come to dominate investment--a hard-hitting look from the creator of the first index fund.Over the…
Specifikacia The Clash of the Cultures : Investment vs. Speculation
Recommended Reading by Warren Buffet in his March 2013 Letter to ShareholdersHow speculation has come to dominate investment--a hard-hitting look from the creator of the first index fund.Over the course of his sixty-year career in the mutual fund industry, Vanguard Group founder John C. Bogle has witnessed a massive shift in the culture of the financial sector. The prudent, value-adding culture of long-term investment has been crowded out by an aggressive, value-destroying culture of short-term speculation. Mr. Bogle has not been merely an eye-witness to these changes, but one of the financial sector's most active participants. In The Clash of the Cultures, he urges a return to the common sense principles of long-term investing.Provocative and refreshingly candid, this book discusses Mr. Bogle's views on the changing culture in the mutual
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Clash of the Titans BD
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