Analysis Of The Book ' Enough ' By John Clifton Bogle Essay

1084 Words Oct 6th, 2015 5 Pages
A book by John Clifton Bogle, founder and former CEO of the Vanguard Mutual Fund Group and one of the greatest investors in the history, titled “Enough”(2009) is a relatively quick and good read in the financial literature genre. Although the book’s jacket is not very attractive— it has no photographs or illustrations, its title, in my opinion, is quite catchy, and attracts ones’ attention. Moreover, the title does encapsulate the main message—that the average investor feeds at the bottom of what is today the tremendously costly food chain of investing. The table of contents of the book as well is a good short review of what is awaiting the reader. For example, the Chapter 1 is titled “Too much cost, not enough value”, the Chapter 7 — “Too much Management, Not Enough Leadership”, and the Chapter 8— “Too much focus on things, not enough focus on commitment”. John Bogle is an author for total of twelve books, with the most popular being “The Little Book of Common Sense investing”(2007) (WHERE I KNOW THIS FRM. As all of his books serve educational purpose in the financial literacy, “Enough” is addressing people, who are interested in or are already doing investing in stocks and bonds. The main motif of this masterpiece is how financial sphere is functioning today to compare with the time Bogle entered the financial field. “Enough” provides an honest critique of this sphere and of many representatives of this field, who are often driven by greed. As author writes in the…

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