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John Bogle: Trading Is Investors’ Enemy
- yarapavan 8y agoQ: What’s in your personal investment portfolio? John Bogle: I’m 50% bonds — 50% Vanguard bond funds — and 50% stocks. Half the time I wonder why I have so much in stocks; the other half, I wonder why I have so little.
- yarapavan 8y agoQ: Any regrets? A: No regrets. I’m not a “trillionaire” like Abby Johnson [Fidelity chairwoman], who is supposed to be worth [$15.4 billion]. I wouldn’t even know what to do with a number like that. We have a nice, small house. We have shelter when it rains, snows or is windy. The kids and grandkids are well. I have the Armstrong Foundation, which has now reached a decent size — and I feel like it could do some good for others.