Clash of the Cultures
Investment vs. Speculation
John C. Bogle · 2012 · 480 pages
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About the book
A substantial critique by John C. Bogle, founder of Vanguard, of the transformations in the investment and asset management industry. Bogle examines how corporate culture, a focus on short-term profits, and misaligned incentives have corrupted the fundamental fiduciary principles of fund managers. His work is a manifesto for the recovery of ethical values in finance and a challenge to practices that have prioritized speculative gains over investors' well-being.
Book details
| Author | John C. Bogle |
|---|---|
| Original title | The Clash of the Cultures |
| Year of publication | 2012 |
| Pages | 480 |
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