John Clifton "Jack" Bogle (May 8, 1929 – January 16, 2019) was an American investor, business magnate, and philanthropist. He founded The Vanguard Group in 1975 and created the first index mutual fund available to individual investors, revolutionizing the investment industry. Bogle is credited with pioneering low-cost investing and championing the rights of individual investors against Wall Street's high fees....
"The cardinal rule of investing: buy only when the price is significantly below your conservative estimate of intrinsic value. This builds in protection against error."
Buy only at prices well below intrinsic value.
Read Full Analysis →"The stock market is a no-called-strike game. You don't have to swing at every pitch. Wait for the fat pitch — the opportunity that offers exceptional risk-reward."
Wait for exceptional risk-reward opportunities.
Read Full Analysis →"Don't look for the needle in the haystack. Just buy the haystack! Own the entire market through low-cost index funds."
Own the entire market through low-cost index funds.
Read Full Analysis →John Bogle has 3 key principles on buying principles. The most important one is "Buy Below Intrinsic Value" — The cardinal rule of investing: buy only when the price is significantly below your conservative estimate of intrinsic value.
John Bogle applies buying principles through several key principles including "Buy Below Intrinsic Value" and "Wait for the Right Opportunity". These principles guide practical investment decisions and have been tested across decades of market cycles.
John Bogle's approach to buying principles is distinguished by a focus on long-term thinking and fundamental analysis. With 3 specific principles in this area, John Bogle provides a comprehensive framework that investors at any level can study and apply to improve their decision-making.
