5 principles for investing during 'interesting times' - Jack Bogle (1997)

Jack Bogle discusses the US and foreign markets, as well as giving some investment advice. From a 1997 World Affairs Council of Philadelphia event.
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Ben Graham's Security Analysis: Sixth Edition, Foreword by Warren Buffett: amzn.to/2XNYtAh
The Little Book of Common Sense Investing by Jack Bogle: amzn.to/2UsGk8T
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Poor Charlie's Almanack: The Wit and Wisdom of Charles T. Munger by Peter Kaufman: amzn.to/2oBddW4
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[@jzzycaprice]

Jack Bogle, “meme”, and 1997 in the same video... mind blown

[@jzzycaprice]

A few seconds after the 5:30 mark, in case anyone has trouble finding it

[@stemikger]

Proof that Jack was a time traveler!!

[@AYVYN]

He even predicted Wall Street Bets in 1997, a true genius

[@stemikger]

Thank you Jack wherever you are. You are missed. Not only am I a millionaire because I listened to Jack all those years ago, I have gained a wisdom that is beyond money. A wisdom about a life well lived and never giving up when faced with diversity. Jack has been my inspiration and mentor for all these years. Thank you St. Jack, I hope you are aware of how many lives you have changed!

[@Tapas2017]

5 principles of investing: Jack Bogle 1. Invest you must. Short term price volatility turns into long term CI returns. Never think you know more than the market 2. Give yourself all the time, time heals everything, give time, time. CI is miracle and time is your friend, impulse is your enemy. 3. This too shall pass away, your emotions should be kept out of your investments. 4. Rely on simplicity: Sensible asset allocation, diversified funds, buy at low costs. 5. Stay the course no matter what happens.

[@El-Abuelo-De-Superman]

what does CI mean i cant find it on google

[@Tapas2017]

@@El-Abuelo-De-Superman Compound Interest

[@Discovery_and_Change]

1:48 speculation: betting on higher and higher valuations 1:54 Investment: betting on the fundamentals, dividend yields, and earnings growth 2:03 speculation drives returns in the short run. Investment in the long run 2:25 more normal price-to-earnings ratio of about 13x 2:51 new era stocks average 15% return (14% growth, 1% dividend) 2:58 in the long term, average is 10.5% (6.5% growth, 4% dividend) 3:20 famine will follow feast, in the long run 9:36 #1 Invest you must 10:00 #2 Give yourself all the time you can 10:13 Compound interest is a miracle and time is your friend 10:20 Have rational expectations about future returns and be mentally prepared for declines 10:28 Good times and bad times shall pass away 10:38 Your emotions can kill ya...keep them out of your investment program 10:46 #4 Rely on simplicity...simplicity above all 11:11 Costs can kill long-term returns 11:29 #5 No matter what happens, stay the course!

[@djben928]

Thanks for these summaries. It is very helpful.

[@infinite_vortex]

as relevant in Sept of 2020 than 1997. Jack's amazing. best thing that happened to me this year in my mid 30's was discovering Jack.

[@Badrep420]

May 2021 checking in, yup still relevant

[@wkb9683]

John C. Bogle. "Jack" Rest in peace.

[@AmanBansil]

Vanguard For life ya he gave us everything we needed for a great life. Too bad not many still listen.

[@mannycarrasquillo6910]

St Jack!

[@ulligulli5290]

An advice from Mr. Bogle in 2020...priceless 😢😢😢

[@MayureshKadu]

This is the first time I've heard this and love the simplicity, yet profoundness of this advice.

[@InvestingEducation]

I'm half boglehead and half active investor

[@stemikger]

I'm 100% Boglehead, but it's good to do both. I have done great with passive, so why rock the boat

[@InvestingEducation]

@@stemikger nice

[@namanpathania2382]

To which charlie said- if you mix raising with turds they are still turds aka mix something as good as value investing with something as bad as active investing the result will be zero cause anything multiplied with zero will always give out a big zero my friend.

[@timetraveller3063]

This is gold

[@Discovery_and_Change]

S&P 500: 740.74 on Dec. 31, 1996 899.47 on Aug. 29, 1997 (around the time of this lecture [21% gain on the year]) 970.43 on Dec. 31, 1997 (31% gain on the year)

[@AmanBansil]

Incredible man. His work tells me exactly what I need to do in my life for investing success without stressing and without being a genius like Buffett.

[@Discovery_and_Change]

Mr. Bogle was 68 years old during this lecture.

[@EquitiesTracker]

Absolute Classic!

[@FLAI100]

5:28 he predicted the future

[@Je.rone_]

*Every time i see c-span it's boring nonsense,😂 why didn't i ever see this type of stuff*

[@Ikaros23]

" Bogleism" is the same as stoicism/Zen in the art of investing.

[@Discovery_and_Change]

S&P 500 gained 131.58% in 5 years (1995-1999), then lost -46.55% in 3 years (2000-2002), resulting in +85.03% in 8 years, for an average yearly return of +10.62%

[@tc9634]

I mean globalisation has happened, global GDP has grown hugely, global poverty is way down and China has overtaken US GDP at least on a PPP basis. The article was just very optimistic and wrong on the environment.

[@achimnatsulegend3390]

you should make small videos of stan druckenmiller my friend. the best and honest hedgefond manager with 30 year 30,4 percent return!

[@JAFAtuber]

The Market doubled over the next 3 years after this speech.

[@lowkeybeams5663]

Jack was chill

[@kendallfleming5858]

Sad part, Wall Street HATED this man!

[@Longtack55]

DJIA was 7000 then.

[@pillmill8987]

Doge coin "meme" anyone? The most entertaining outcome and the most ironic outcome.

[@titaluna3165]

The billowy soybean proportionally want because tomato intraorally water given a impolite bulldozer. voracious, dramatic iron