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Lifestyle

WHAT WE WHAT WE READ READ

Synopsis:

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Enough is John C. Bogle’s written attempt at revisiting what true financial success looks like and what really is “enough”. Bogle leans on his own experience to back up his theories — as founder of the Vanguard Mutual Fund Group and creator of the first index mutual fund, that experience is above average, to say the least.

Why Read It:

If you constantly worry about having enough money in your account or enough power to make things happen, but can’t really define what that means, this book is for you. In three main sections, Bogle breaks down what he thinks we are all missing when it comes to Money, Business, and Life — from trust to simplicity, value, and leadership. Because Bogle is someone deeply embedded in an industry that is more about score-keeping and profit than service and people, his point of view is refreshing and much needed.

A Special Takeaway:

In our opinion, one of the best parts of the book is the beginning chapters, where Bogle lays out in detail his own career path and a bit of his history. Understanding his roots and where he came from is fascinating, as was the insight as to how he had the idea for the first index mutual fund which, ironically, was developed to cut out the expenses to middle men in the investing arena and increase returns for the consumer.

The Final Word:

It’s clear that Bogle hearkens back to a different era when it comes to finance, but that makes his pointof-view on the evolution of our relationship with money, fame and power all that more interesting. His experience offers a lot to the reader in terms of understanding what truly constitutes “enough”, and we consider it a great read for anyone who wants to feel more content with what they already have. ®

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