John C. Bogle Quotes About Duty

Quotes about: Duty

• We need a mutual fund industry with both vision and values; a vision of fiduciary duty and shareholder service, and values rooted in the proven principles of long-term investing and of trusteeship that demands integrity in serving our clients.

  John C. Bogle

  Integrity, Long, Vision

  John C. Bogle (2010). “Enough: True Measures of Money, Business, and Life”, p.156, John Wiley & Sons

• I believe Washington should be a more active participant focusing on the issue of why corporate shareholders and mutual fund shareholders are not given fair treatment by corporate management and mutual fund management. We need to develop a national standard of fiduciary duty to ensure that these agents, if you will, are adequately representing the principles - pension beneficiaries and mutual fund shareholders - whom they are duty bound to serve.

  John C. Bogle

  Believe, Management, Mutual Fund

  Source: www.washingtonpost.com

• We need to reorganize our entire system of retirement plan investing and to develop federal standards of fiduciary duty for pension trustees and fund managers. These require "top down" intervention. But we also need investors to look after their own economic interests, a bottom up approach to our problems that is well within our individual power to undertake.

  John C. Bogle

  Retirement, Problem, Economic

  Source: www.washingtonpost.com

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