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E-raamat: Inside Vanguard: Leadership Secrets From the Company That Continues to Rewrite the Rules of the Investing Business

  • Formaat: 272 pages
  • Ilmumisaeg: 25-Oct-2022
  • Kirjastus: McGraw-Hill Education
  • Keel: eng
  • ISBN-13: 9781264737826
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  • Formaat: 272 pages
  • Ilmumisaeg: 25-Oct-2022
  • Kirjastus: McGraw-Hill Education
  • Keel: eng
  • ISBN-13: 9781264737826
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"This rare intimate look at Jack Bogle and his world-changing investment organization provides invaluable lessons for investors, for business leaders, and for historians of finance"--

This rare intimate look at Jack Bogle and his world-changing investment organization provides invaluable lessons for investors, for business leaders, and for historians of finance 

One of the world’s largest, fastest-growing, and most trusted investing institutions, Vanguard serves over 30 million clients, manages more than eight trillion dollars, and is an influential industry disruptor. 

Now, Charles D. Ellis—referred to by Money magazine as “the wisest man on Wall Street”—reveals the story behind Vanguard’s rise to the top of the investing world. Provided unprecedented access to Vanguard’s leaders, including Bogle himself, Ellis explains why Bogle started Vanguard and how he developed it into an investment industry disrupter and, eventually, an industry leader. Along the way, you’ll learn practical lessons about: 

  Active investing
  Index investing
  ETFs
• Mergers
• Building and running a business

Ellis includes in-depth interviews with the executives and key leaders of Vanguard, clear takeaways and lessons from their experiences, a primer on ETFs, and Jack Brennan’s Leadership Principles. From the emergence of index funds to the success of exchange-traded funds, Inside Vanguard is a near-Shakespearian drama of individual human struggle and triumph 


Foreword ix
Robin Wigglesworth
Introduction: The Vanguard Adventure xv
PART ONE OPPORTUNITIES
Chapter 1 Bogle's Beginnings
3(10)
Chapter 2 A Merger Made in Heaven
13(16)
Chapter 3 Troubles Brewing
29(16)
Chapter 4 At War with Wellington
45(10)
PART TWO VANGUARD RISING
Chapter 5 Out of the Ashes
55(18)
Chapter 6 The Cost-Fee Nexus
73(14)
Chapter 7 Active Investing
87(14)
Chapter 8 Index Investing
101(8)
Chapter 9 Exchange-Traded Funds
109(8)
PART THREE ORGANIZATION BUILDERS
Chapter 10 Changeover
117(20)
Chapter 11 Bogle's Legacy
137(6)
Chapter 12 Partners Again
143(14)
Chapter 13 Brennan's Ways
157(12)
Chapter 14 Capital Power
169(8)
Chapter 15 Flywheel
177(12)
Chapter 16 Tim Buckley
189(10)
PART FOUR LEADING AND INNOVATING
Chapter 17 Advice
199(14)
Chapter 18 Setting Boundaries
213(20)
Chapter 19 Looking Ahead
233(6)
Afterword 239(6)
Appendix 1 ETFs 101 245(4)
Appendix 2 Brennan's Leadership Guide 249(8)
Sources and Acknowledgments 257(4)
Notes 261(10)
Index 271
Charles D. Ellis (Greenwich, CT) served for 28 years as managing partner for Greenwich Associates, the global leader in strategy consulting to professional financial service firms. He has consulted with the worlds leading investment managers and securities firms. Primarily in the United states, but also in Australia, Canada, Japan, and the United Kingdom. The author of 12 books and more than 200 articles on investing, Ellis has taught investment courses at the Harvard Business School and the Yale School of Management.