Bogle's prudent advocacy of the rights of individual investors began with his 1951 Princeton University thesis on the fund industry, and he continues to champion the restoration of integrity in industry practices today. An astute observer, he knows that a trustworthy business and financial complex is essential to America's continuing leadership in the world and to economic and social progress at home.
This audiobook explains much more than what went wrong. More important, it tells us why we lost our way and how we can right our course. The specific reforms Bogle advances are practical and essential, and he includes recommendations for assuring that investors receive their fair share of financial-market returns.
"When John Bogle, a 50-year veteran in financial services, says capitalism is in trouble, there is only one proper reaction. You listen....Remarkably well read and logical, Bogle is meticulous in supporting his thesis that our brand of capitalism is failing because of a shift of power away from owners." ( USA Today)