Friday, June 12, 2015
When is Enough, Enough?
This post entry is an endorsement of a book with a meaningful message that can be summed up in one excerpt that follows:
"At a party given by a billionaire on Shelter Island, Kurt Vonnegut informed his pal and fellow author, Joseph Heller … that their host, a hedge fund manager, had made more money in a single day than Heller had earned from his wildly popular novel (Catch-22) over its whole history.
Heller responds … Yes, but I have something he will never have …
Source: John Bogle, Enough. The Measures of Money, Business, and Life (Bogle is founder of the Vanguard Mutual Fund Group)
A review of the chapter titles of Bogle's book (see below) is "enough" to make you wonder about values and priorities of too many people today. What do you think?
“Too Much Cost, Not Enough Value”
“Too Much Speculation, Not Enough Investment”
“Too Much Complexity, Not Enough Simplicity”
“Too Much Counting, Not Enough Trust”
“Too Much Business Conduct, Not Enough Professional Conduct”
“Too Much Salesmanship, Not Enough Stewardship”
“Too Much Focus on Things, Not Enough Focus on Commitment”
“Too Many Twenty-first Century Values, Not Enough Eighteenth-Century Values”
“Too Much ‘Success,’ Not Enough Character”
Source: Chapter titles from Jack Bogle, Enough.