John Bogle: Present and Future 1929 - 2019

[@robertgorden8066]

This was one of the few really, really good people in an industry that mostly appeals to the ultra greedy. John will be missed.

[@Showmetheevidence-]

Too true

[@salegado71]

Amazing person of stellar integrity, hard to find someone nowadays that this man was preaching about Fiduciary relationship. The world got so greedy that the word Integrity bears no meaning anymore. Learned so much from this eloquent man, he is a legend in the financial industry and will be missed.

[@walid7885]

Sharp til the last minute.

[@fryelee11]

I looked up to two guys when there's a discussion regarding wall street, Jack Bogle and Louis Rukeyser. May they both rest in peace. These two men really cared about people, and not just trying to make a buck. I'm sure they may be few more upstanding men who cares about people and not just a quick buck, but I lost my favorite two. May they rest in peace, for I will truly miss them.

[@vaibhavgupta20]

May he rest in peace.

[@Showmetheevidence-]

I really would’ve loved Bogle’s comments on 2020!

[@mrwhiterain69]

I see this interview was published January 17, 2019. Anyone know when it took place? Must've been close to his last days.

[@drewm217]

An American hero in my eyes

[@tc9634]

St John C Bogle, founder of index funds, patron saint of investing

[@billyjohnson9166]

the industry should strive to be like Jack Bogle

[@bdhdigbdofnfivushdvtu2211]

great video

[@extrof]

Thanks Mr. Bogle

[@vanguardvaluist2614]

RIP Mr. Bogle. Thank you for helping me to get my financial mud together.

[@abomar9943]

RIP, a great speaker

[@ericbullock6553]

RIP Jack. A true gent!

[@gdal3]

Is this the full video? It seems to me it started in advance.

[@mancar75able]

My personal Hero. Thank you Jack

[@derMcSven]

More relevant today than ever great guy 🙏🙏🙏

[@4tomop]

when was this interview?

[@waynemcmillan5970]

A sterling example to all money managers.

[@kellyhou9594]

Anybody knows when is the interview? It still rings true today 2021. He talks about Bush administration and 2008 financial crisis...

[@zakleclaire1858]

So theres this Native American Philosophy found in most North Eastern tribes called the "7 generations of stability". In short is says the tribal leaders ought to take inconsideration the ramifications of their decisions on the next 7 generations in the hopes that long terms stability will be taken into account before the instant gratification. Our culture is so instant and has become progressive more instant over the past 100 years that it has created an inherent mindset of focusing on the short term as opposed to the long term. Most people's reaction to "7 generations" is thats WAY too long to actually make any reasonable predictions so why even try? The fact that many people simply stop there instead of seeking to great better toolsets which to use to make better future predictions, they just assume it cant be done. That to me is one of if the the single most disturbing economic and social trend. "I want it right now and I dont care what that means for tomorrow"

[@TheLivirus]

Contributing to our shortsightedness, I think, is that the world is moving so fast, that the future is really unpredictable. So flexibility and adaptation is becoming more valued than planning ahead.

[@nvrthles]

@@TheLivirus that's one thing, however governments(and in turn ideas) that change less frequently are in a better position to think many years ahead

[@zakleclaire1858]

@@TheLivirus there are certain inherent aspects to human nature which can be determined through the study of historical events. Though the actualities of the future may be nearly impossible to predict, there are certainly things which are far more likely, things which are far less likely, and a wide variety of "threat levels" to each of those outcomes. There are many "stories", or systemic methods of imparting knowledge, surrounding this philosophy to better explain it but one of the key morals is, "plan for the worst, hope for the best, and make sure you are properly prepared to allow yourself to be flexible enough to meet the inevitable changes in life". How the tribes of who had this philosophy formed their societies was extremely similar to "Western Democracy". Each localized group would come to a consensus for their position on an issue then send a representative to speak on behalf on that smaller group and so on till the level where the entirety of the "Algonquin ethnic group" could come together and have civilized discourse to settle disputes and encourage cooperation on a grand scale. Much like all other societies, there were conflicts and the system wasn't perfect, but that doesn't detract from it's similarities to modern systems. I also recognize that precolonial America was far more stable that the current state of the world but I would also argue that nature of humanity really hasn't changed much if at all and the ability to predict rough outcomes and make appropriate preparations is key to the long term success of any governing body.

[@end3rzl33t]

@@zakleclaire1858 deliberative representative democracy works well enough on a small scale like cities and districts. But on the nation level with many economic, cultural and environmental differences, this easily becomes problematic, unwieldy and prone to bribery and corruption by corporations or a minority of the super wealthy. Only in the last few years have indigenous peoples from around the world tried to unite online and offline to oppose common enemies and issues, but their voice and influence is as loud as a scream in a blizzard, that perhaps only a few UN people might hear. Shame really. And it's not like union organizers in the US and Mexico go after mutual enemies either I think.

[@627horsepowers]

Thanks Jack Bogle. Enjoy retirement in peace.