iTulip Find: John Bogle on Bill Moyers Journal

[zoog]

This week's Bill Moyers Journal on PBS starts with a ~25-minute interview with John Bogle, founder of Vanguard. No new enlightenment for iTulipers, but an interesting interview that makes some of the same points discussed here.

He criticizes the way private equity firms have looted public companies, talks about the financial economy vs. the production economy, the influence of money and short-term thinking on politics and business, etc.

http://www.pbs.org/moyers/journal/09282007/watch.html

See also: The Big Bet
Frankenstein Economy
Risk Pollution

[FRED]

Re: John Bogle on Bill Moyers Journal

This week's Bill Moyers Journal on PBS starts with a ~25-minute interview with John Bogle, founder of Vanguard. No new enlightenment for iTulipers, but an interesting interview that makes some of the same points discussed here.

He criticizes the way private equity firms have looted public companies, talks about the financial economy vs. the production economy, the influence of money and short-term thinking on politics and business, etc.

http://www.pbs.org/moyers/journal/09282007/watch.html

Good catch. Yes, old news for iTulipers. Yet Bogle is heavy duty and may tell us more than he told Moyers if we ask the right questions. Adding him to the interview list now.

[FRED]

Re: John Bogle on Bill Moyers Journal

Good catch. Yes, old news for iTulipers. Yet Bogle is heavy duty and may tell us more than he told Moyers if we ask the right questions. Adding him to the interview list now.

In case anyone asks whether we might be bleeding heart libertarians over here, I give you:

"When you give food to the poor, they call you a saint. When you ask why the poor have no food, they call you a communist."
~ Archbishop Helder Camara

[GRG55]

Re: John Bogle on Bill Moyers Journal

In case anyone asks whether we might be bleeding heart libertarians over here, I give you:

"When you give food to the poor, they call you a saint. When you ask why the poor have no food, they call you a communist."
~ Archbishop Helder Camara

Thank you zoog. It was enjoyable to listen to an interview on an increasingly controversial and emotional topic, without the histrionics that usually accompany. The iTulip interview will, as usual, be eagerly anticipated.

Fred: May I suggest you add the quote above to the Quote of the Day string. I intend to shamelessly plagiarise it during my next economics discussion with my mother-in-law... ;)

[c1ue]

Re: John Bogle on Bill Moyers Journal

Sad, but this is just another example of the new feudalism:

Improved upon the old feudalism by removing even the duty of maintaining basic survival of your peasants.

[soliver]

Re: iTulip Find: John Bogle on Bill Moyers Journal

DID Ituilp ever interview Jack Bogle? What do we think of Vanguard and his index Funds?