The relentless rules of humble arithmetic tell us that an investor will put up 100% of the capital, take 100% of the risk, and receive less than 100% of the return.John C. Bogle
Time is your friend; impulse is your enemy.John C. Bogle
Investing is not nearly as difficult as it looks. Successful investing involves doing a few things right and avoiding serious mistakes.John C. Bogle
The miracle of compounding returns is overwhelmed by the tyranny of compounding costs.John C. Bogle
In the long run, the stock market is a weighing machine. In the short-term, however, it is a voting machine.John C. Bogle
What really counts in the most is not the precise moment of purchase or sale, but the holding period returns that are established over the long term.John C. Bogle
In investing, uncertainty is certain. And so a reasonable, commonsense approach prepares us for the market's inevitable vicissitudes.John C. Bogle
The grim irony of investing is that one success brings two failures.John C. Bogle
Income taxes, while painful, eat into our investment returns. So does inflation. But the financial-intermediation industry, Wall Street, eats up even more recoverable dollars.John C. Bogle
In investing, the winning strategy for reaping the rewards of capitalism is to buy all of those productive assets, hang on to them, and avoid the negative-sum game of trying to beat the market.John C. Bogle