Nov 11, 2022
Podcasts

NGPF Podcast: Amy Hollands on convincing Jack Bogle to write a book about mutual funds

Jack Bogle was not only the founder of Vanguard but he also authored numerous books to help the investing public. This may never have happened without the persistence of the guest on today's NGPF Podcast. 

 

We can all thank Amy Holland for her persistence in convincing Jack Bogle, founder of Vanguard, to write a book about investing. It was his first, Bogle on Mutual Funds, and many books would follow, no doubt educating millions on the value of investing in low-cost, diversified index funds. In this NGPF podcast, you will get the inside scoop on how Amy pulled this off as well as what she learned in her collaborative work with Jack, and other investing titans. Enjoy! 

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Details:

  • 0:00~3:00 Introduction
  • 3:00~6:15 On Jack Bogle’s decision to write a book 
  • 6:15~16:14 Deregulation and the new demand for books on investing
  • 16:14~22:13 Charles Schwab and his blue shirt
  • 22:13~26:01 Consequences of timing the market
  • 26:01~30:06 Behind the scenes of Jack Bogle
  • 30:06~37:29 Doing due diligence while the books are being written 
  • 37:29~42:04 Bogle’s legacy at Vanguard
  • 42:04~44:31 Bogle’s core values
  • 44:31~47:14 Conclusion

Resources:


Quotes:

  • "The lesson I  pulled out of all of this is that there are always going to be great innovations. Be educated and be able to ask the right questions. Be able to have strong financial literacy and have a strong understanding of the financial markets.”

 

About the Authors

Tim Ranzetta

Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.

Ren Makino

Ren has been working part-time at NGPF since 2014, interning through high school and college. With his knowledge growing alongside NGPF, after graduating from college in 2020, he joined the team to work full time with a focus on teacher onboarding. He is also the editor of the NGPF podcast. During his free time, he likes to try out coffees from different roasters across the world and try out new brewing methods.

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