examines John C. Bogle's life and his foundational book, Enough: True Measures of Money, Business, and Life. It explores Bogle's early life experiences, including his family's financial struggles and his influential Princeton thesis, which laid the groundwork for his revolutionary ideas. The text then details his turbulent career at Wellington Management Company, which ultimately led to his pivotal decision to establish The Vanguard Group with its groundbreaking, investor-owned "mutual" structure and the creation of the first index mutual fund. The analysis further explicates Bogle's core investment philosophy, emphasizing the "tyranny of compounding costs," the distinction between investment and speculation, and his simple, low-cost indexing strategy, while also comparing his approach to that of Warren Buffett and Benjamin Graham. Finally, it provides a deep exploration of Enough's central themes, critiquing excessive costs, speculation, and complexity in finance and business, and advocating for a return to timeless values, highlighting the book's enduring relevance as a moral and philosophical guide for both investing and life.
📚 Value Investing Books Recommendation
————————————————————————
Warren Buffett
The Snowball: Warren Buffett and the Business of Life
Kindle: https://amzn.to/3FVasqy
Hardcover: https://amzn.to/3HIfeZ2
Paperback: https://amzn.to/4kBjUOZ
Warren Buffett and the Interpretation of Financial Statements (by Marry Buffett)
Kindle: https://amzn.to/43Vr5dD
Hardcover: https://amzn.to/4n6yNus
Paperback: https://amzn.to/45XBBDL
————————————————————————
Charlie Munger
Poor Charlie’s Almanack
Kindle: https://amzn.to/3Zsw9VB
Hardcover: https://amzn.to/4jMExq7
Collector's Edition: https://amzn.to/3SRgsn7
Tao of Charlie Munger
Kindle: https://amzn.to/4nk0akT
Hardcover: https://amzn.to/44eq8OR
Influence, New and Expanded: The Psychology of Persuasion
Kindle: https://amzn.to/4619DqL
Hardcover: https://amzn.to/40a8TMi
Paperback: https://amzn.to/40gtwq7
————————————————————————
Howard Marks
The Most Important Thing (Uncommon Sense for the Thoughtful Investor)
Kindle: https://amzn.to/3Tqb4Yg
Hardcover: https://amzn.to/3SRyy8A
Paperback: https://amzn.to/45ohdM0
Mastering The Market Cycle: Getting the Odds on Your Side
Kindle: https://amzn.to/3HXPmby
Hardcover: https://amzn.to/45X6AQq
Paperback: https://amzn.to/44oPGYP
Money Philosophies
The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Kindle: https://amzn.to/3FDbO9u
Hardcover: https://amzn.to/4kL3TGi
Paperback: https://amzn.to/44fpkcC
Limited Gift Version: https://amzn.to/4jYomGp
Same as Ever: A Guide to What Never Changes
Kindle: https://amzn.to/3HXBJcp
Hardcover: https://amzn.to/4l7vPno
Paperback: https://amzn.to/4k2ZHRe
The Almanack of Naval Ravikant: A Guide to Wealth and Happiness
Kindle: https://amzn.to/4lx2a7F
Hardcover: https://amzn.to/4kGX5tf
Paperback: https://amzn.to/3ZEMXsC
Classic Principles
The Intelligent Investor
Kindle: https://amzn.to/45T9OEv
Hardcover: https://amzn.to/4l4f7W3
Paperback: https://amzn.to/43ZNyXb
Security Analysis, Seventh Edition: Principles and Techniques
Kindle: https://amzn.to/442yKak
Hardcover: https://amzn.to/3TmEEhg
Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor
Collector Edition: https://amzn.to/4lrgWNd
Youtube: https://www.youtube.com/@TheDeepValue
Disclaimer: All analysis is based on publicly available sources and may be subject to revisions or differing interpretations. The content is for educational purposes only and does not constitute investment advice. Conduct your own due diligence before making investment decisions. Like and Subscribe us on Apple, Spotify Podcasts or Youtube channel: Deep Value Investing! Don’t forget to take the book list of value investing from the episode description! ❤️To support us and bring a Buffett Indicator App alive: https://www.gofundme.com/f/turning-buffetts-wisdom-into-a-daily-tool-for-investors 🎗️