Vanguard’s Jack Bogle

Below is a link to a Morningstar article discussing Jack Bogle (founder of Vanguard) and his perspective on investing.  There are some very good points that I have also put forward when selecting funds for clients portfolios, they inlcude:

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Dubai Tower

What I like about this chart, is that it shows the National GDP of the country the year that construction was completed, and the previous 5 years before the project was completed.  It shows how usually “unthinkable” development projects are made during periods of economic expansion and how these accomplishments often peak at the same time as the relative economy peaks. 

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Buffett

Warren Buffett is one of the most highly regarded investors… he’s consistent, he’s focused on fundamentals, and he’s focused on long-term returns.  However, even Buffett’s investments are subject to significant decline, especially in the short-term. 

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Regulatory Reform

I received the following Member e-mail from the CFA Institute.  It discusses the state of the current financial reform regulations being pushed through Congress and stresses the areas that need further attention.

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The Great Stabilisation

This is a great article from the Economist.  It really highlights why the recent recovery is facing significant dangers ahead.  The shift from government funded recovery to privately managed recovery is a process that will be extremely difficult to manage.

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