Don’t Count On It! Reflections on Investment Illusions, Capitalism, “Mutual” Funds, Indexing, Entrepreneurship, Idealism, and Heroes
(John Wiley & Sons, Inc) In this anthology, Bogle identifies modern capitalism’s flaws, explains how we arrived at this economic crossroads, and examines how we can repair the damage. He also provides a cogent analysis of the chinks in the armor of a financial system that has failed to live up to the responsibility owed to its individual and institutional investors. Bogle is the founder of the Vanguard Group of Mutual Funds and president of its Bogle Financial Markets Research Center.