Description
Book Synopsis: There is no one better qualified to tell us about the failures of the American financial system and the grotesque abuses that have taken place in recent years than John Bogle, who as founder and former chief executive of the Vanguard mutual funds group has seen firsthand the innermost workings of the financial industry. A zealous advocate for the small investor for more than fifty years, Bogle has championed the restoration of integrity in industry practices. As an astute observer and commentator, he knows that a trustworthy business and financial complex is essential to America’s continuing leadership in the world and to social and economic progress at home.
This book tells not just a story about what went wrong but, more important, the story of why we lost our way and of how we can right our course. Bogle argues for a return to a governance structure in which owners’ capital that has been put at risk is used in their interests rather than in the interests of corporate and financial managers. Given that ownership is now consolidated in the hands of relatively few large mutual and pension funds, the specific reforms Bogle details in this book are essential as well as practical. Every investor, analyst, Wall-Streeter, policy maker, and businessperson should read this deeply informed book.
Details
Are you tired of the failures and abuses in the American financial system? Look no further than "The Battle for the Soul of Capitalism" by John Bogle. As the founder and former CEO of the Vanguard mutual funds group, Bogle has been at the forefront of the industry for over 50 years. He exposes the inner workings and grotesque abuses that have plagued our financial system in recent years.
Bogle is a zealous advocate for the small investor and has always championed the restoration of integrity in industry practices. In this book, he not only tells the gripping story of what went wrong but also delves into why we lost our way. But don't worry, this book doesn't just leave you feeling hopeless - it provides actionable solutions to right our course.
One of the key arguments Bogle makes is the need for a return to a governance structure that prioritizes the interests of the owners' capital. Currently, much of this capital is being used in the interests of corporate and financial managers. With ownership now consolidated in the hands of large mutual and pension funds, Bogle's specific reforms outlined in this book are not only essential but practical.
Whether you're an investor, analyst, Wall-Streeter, policy maker, or businessperson, "The Battle for the Soul of Capitalism" is a must-read. Gain deep insights and informed perspectives from one of the most experienced and respected figures in the financial industry. Take control of your financial future and join the fight for a trustworthy business and financial complex. Click here to get your copy today!
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