The life of John Bogle as told in his book Enough: True Measures of Money, Business, and Life.
Topics discussed in this podcast:
Gentlemen, cut your costs. (4:00), the benefits of being forced to work early on in life (7:00), I'll never forget the inspiration when I read this quote: The force of his mind overcame his every impediment. (9:30), the traits he needed to found Vanguard (12:00), what John thinks we should be doing better (13:30), create things that help other people/Charlie Munger (17:30), When a business fails people want to know their revenue. I want to know their costs (19:30), the past is not a prologue in the financial markets... please, please, please don't count on it. (23:00), Einstein well understood the limits of quantification / the way we act and the way we measure are in conflict (26:00), Show me the incentive and I will show you the outcome. –Charlie Munger / If you get the incentives right when you start the company you will grow. (35:00), A rule of life: Press On, Regardless (39:00), 10 reasons why I bother to battle (44:00)
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