Over the course of his sixty-year career in the mutual fund industry, Vanguard Group founder John C. Bogle has witnessed a massive shift in the culture of the financial sector. The prudent, value-adding culture of long-term investment has been crowded out by an aggressive, value-destroying culture of short-term speculation. Mr. Bogle has not been merely an eye-witness to these changes, but one of the financial sector’s most active participants. In The Clash of the Cultures, he urges a return to the common sense principles of long-term investing.
- May 2, 2021
The CEO Pay Machine is former CEO Steven Clifford’s thorough and shocking explanation of the ‘machine’–how it works, how its parts interact, and how every step pushes CEO pay to higher levels.