Bogle Interview CNN - Sat.

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EvelynTroy
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Bogle Interview CNN - Sat.

Post by EvelynTroy » Sat Mar 18, 2017 8:44 am

I wonderful 16 min. interview with Mr. Bogle just completed at CNN - on state of the economy.
Just a pleasure.

http://www.cnn.com/videos/tv/2017/03/18 ... conomy.cnn

Evelyn

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Mr. Bogle interviewed on CNN Smerconish

Post by Ever Ready » Sat Mar 18, 2017 8:47 am

[Merged Ever Ready's thread and its replies into this existing thread - moderator prudent]

Mr. Bogle was interviewed on CNN Smerconish this morning. The show will be rebroadcast today at 6:00 pm EDT.
The full interview is on CNN website: Full interview: John C. Bogle on the economy
http://www.cnn.com/videos/tv/2017/03/18/full-interview-john-c-bogle-on-the-economy.cnn

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Re: Bogle Interview CNN - Sat.

Post by CyclingDuo » Sat Mar 18, 2017 9:14 am

Excellent, as always. :beer

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Re: Mr. Bogle interviewed on CNN Smerconish

Post by gilgamesh » Sat Mar 18, 2017 9:14 am

Thanks!

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Re: Mr. Bogle interviewed on CNN Smerconish

Post by fishandgolf » Sat Mar 18, 2017 9:15 am

I just watched it.....great interview of a very great man. Thanks for posting the link!

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Bogle Interview on CNN Today - Link

Post by HikerNC » Sat Mar 18, 2017 10:22 am

[Merged HikerNC's thread and its replies into this existing thread - moderator prudent]

I hope this doesn't break any rules but I'm posting a link to an excellent interview with Jack Bogle that aired on CNN this morning.

[url]http://www.cnn.com/videos/tv/2017/03/18/bogle-100-economics-0-emotions.cnn
[/url]
Hope you enjoy it as much as I did.

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Re: Bogle Interview CNN - Sat.

Post by oldzey » Sat Mar 18, 2017 10:39 am

Thank you for posting - it's always a treat to hear Mr. Bogle's practical take on the world.
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Re: Bogle Interview on CNN Today - Link

Post by selters » Sat Mar 18, 2017 10:47 am

Clickable: http://www.cnn.com/videos/tv/2017/03/18/bogle-100-economics-0-emotions.cnn

Good to see that even though John's getting older, he's still as eloquent as he's always been.

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Re: Bogle Interview on CNN Today - Link

Post by Jackson12 » Sat Mar 18, 2017 11:14 am

selters wrote:Clickable: http://www.cnn.com/videos/tv/2017/03/18/bogle-100-economics-0-emotions.cnn

Good to see that even though John's getting older, he's still as eloquent as he's always been.


A fascinating interview and when it was noted that he had a heart transplant 20 years ago I was surprised..somehow missed that info before now. He's in his late 80s and as wise as ever.

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Re: Bogle Interview on CNN Today - Link

Post by Pete12 » Sat Mar 18, 2017 11:40 am

Great interview. I loved what he said when asked if he had any regrets about not having made more money from founding Vanguard. It meant he had less to give away to good causes...

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Re: Bogle Interview on CNN Today - Link

Post by ruralavalon » Sat Mar 18, 2017 11:44 am

selters wrote:Clickable: http://www.cnn.com/videos/tv/2017/03/18/bogle-100-economics-0-emotions.cnn

Good to see that even though John's getting older, he's still as eloquent as he's always been.

Thank you for the link.

That was an excellent interview, full of wisdom.
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Bogle CNN Interview

Post by mickeyd » Sat Mar 18, 2017 4:35 pm

[Thread merged into here, see below. --admin LadyGeek]

Just ran across this interview. Did not notice if it was posted today.

"By Wall street standards, I'm am idiot"

Classic Bogle.

Staythecourse.

http://www.cnn.com/videos/tv/2017/03/18 ... conomy.cnn
Part-Owner of Texas | | “The CMH-the Cost Matters Hypothesis -is all that is needed to explain why indexing must and will work… Yes, it is that simple.” John C. Bogle

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Re: Bogle CNN Interview

Post by runner9 » Sat Mar 18, 2017 5:22 pm


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Re: Bogle CNN Interview

Post by NibbanaBanana » Sat Mar 18, 2017 5:47 pm

That was one great interview of one great man. Thanks.

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Re: Bogle Interview CNN - Sat.

Post by cfs » Sat Mar 18, 2017 6:23 pm

Thanks for the link. I like the "uncanny ability to recognize the obvious" part. Thanks for reading ~cfs~
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Re: Bogle Interview CNN - Sat.

Post by LadyGeek » Sat Mar 18, 2017 6:27 pm

FYI - I merged mickeyd's thread into here.
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Re: Bogle Interview CNN - Sat.

Post by blueblock » Sat Mar 18, 2017 7:33 pm

I very much enjoyed the interview. Thanks for posting.

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Re: Bogle Interview CNN - Sat.

Post by snowshoes » Sat Mar 18, 2017 7:53 pm

blueblock wrote:I very much enjoyed the interview. Thanks for posting.

:thumbsup me too. That guy, jack is a never before, probably never again type of individual.
Last edited by snowshoes on Sat Mar 18, 2017 7:57 pm, edited 1 time in total.

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Re: Bogle Interview CNN - Sat.

Post by Dave55 » Sat Mar 18, 2017 7:55 pm

Outstanding interview. Jack is a Great Man.

Dave

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Re: Bogle Interview CNN - Sat.

Post by dwickenh » Sat Mar 18, 2017 8:00 pm

Thanks for the link, I thoroughly enjoyed the interview.

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Re: Bogle Interview CNN - Sat.

Post by turnberry72 » Sat Mar 18, 2017 8:19 pm

Perhaps time for us Bogleheads to lobby for Jack to get the Congressional Gold Medal or the Medal of Freedom

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Re: Bogle Interview CNN - Sat.

Post by cfs » Sat Mar 18, 2017 8:24 pm

turnberry72 wrote:Perhaps time for us Bogleheads to lobby for Jack to get the Congressional Gold Medal or the Medal of Freedom

Been there done that, see link

viewtopic.php?t=202233

Thanks for reading ~cfs~
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Re: Bogle Interview CNN - Sat.

Post by bostondan » Sun Mar 19, 2017 12:43 am

Wow, I had no idea that he was still so sharp! That was an excellent interview.
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Bogle interview by Smerconish

Post by Ged » Sun Mar 19, 2017 9:08 am

Interview of John Bogle by Michael Smerconish.

87 years old and still sharp as a tack.

http://www.cnn.com/2017/03/18/politics/ ... iew-cnntv/

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Re: Bogle Interview CNN - Sat.

Post by LadyGeek » Sun Mar 19, 2017 10:50 am

^^^I merged Ged's thread into here.

(To the member who reported the post as "Duplicate thread", thank you.)
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Re: Bogle Interview CNN - Sat.

Post by nedsaid » Sun Mar 19, 2017 11:21 am

Good interview. He was sharp, energetic and looked well. I also liked the way that he deflected the high praise given him by Warren Buffett and Paul Samuelson. He definitely is not stuck on himself, which is hugely refreshing. It is really hard not to like him. Hard to believe he is almost 88 years old.
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Re: Bogle Interview CNN - Sat.

Post by brendavid » Sun Mar 19, 2017 11:39 am

Great interview, always get great satisfaction watching and listening to Mr. Bogle. His greatness is only matched by his humility and integrity.

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John C Bogle on Economy

Post by perseus » Sun Mar 19, 2017 2:21 pm

http://www.cnn.com/videos/tv/2017/03/18 ... conomy.cnn

Nice 15 minutes of valuable nuggets.

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Re: John C Bogle on Economy

Post by runner9 » Sun Mar 19, 2017 2:35 pm


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Re: Bogle Interview CNN - Sat.

Post by LadyGeek » Sun Mar 19, 2017 2:45 pm

^^^ FYI - I merged perseus' thread into here.
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Re: Bogle Interview CNN - Sat.

Post by edge » Sun Mar 19, 2017 5:53 pm

Truly a giant. I disagree with him though - he is a hero for putting investors first.

I'm not sure why the media refers to him as a legendary investor, as if he is similar to Buffett. For me he is more of a foundational innovator and businessman who forever changed how Main Street invests.

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Re: Bogle Interview CNN - Sat.

Post by davidkw » Sun Mar 19, 2017 6:17 pm

Jack is looking great!

Speaks so well!!!
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Re: Bogle Interview on CNN Today - Link

Post by aristotelian » Sun Mar 19, 2017 8:43 pm

Pete12 wrote:Great interview. I loved what he said when asked if he had any regrets about not having made more money from founding Vanguard. It meant he had less to give away to good causes...


Of course, the only way for him to have made more money would have been to take it from investors. He did give back, in his own way.

Great job by the interviewer as well as Mr. Bogle.

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Re: Bogle Interview CNN - Sat.

Post by ruralavalon » Mon Mar 20, 2017 8:33 am

edge wrote:Truly a giant. I disagree with him though - he is a hero for putting investors first.

I'm not sure why the media refers to him as a legendary investor, as if he is similar to Buffett. For me he is more of a foundational innovator and businessman who forever changed how Main Street invests.

That's a very good point.
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Re: Bogle Interview CNN - Sat.

Post by sschullo » Mon Mar 20, 2017 8:55 am

The giant speaks again! Love this man.
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Re: Bogle Interview CNN - Sat.

Post by carofe » Mon Mar 20, 2017 8:57 am

Excellent interview, and excellent comments and answers from him. Sometimes the truth is hard to hear.
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Re: Bogle Interview CNN - Sat.

Post by Fallible » Mon Mar 20, 2017 6:41 pm

Excellent interview bringing out the intelligence, experience, wisdom, and integrity of Jack Bogle. Thanks for the link.
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Re: Bogle Interview CNN - Sat.

Post by perseus » Mon Mar 20, 2017 8:56 pm

He also sounded a little ominous on the current market trajectory, and did not sound bullish at all on the current admininstration. Did anybody catch that? If so, will there be a market correction at some point in near future. I know this is irrelevant for bogleheads but just wanted to get some thoughts.

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Re: Bogle Interview CNN - Sat.

Post by carofe » Mon Mar 20, 2017 11:07 pm

perseus wrote:He also sounded a little ominous on the current market trajectory, and did not sound bullish at all on the current admininstration. Did anybody catch that? If so, will there be a market correction at some point in near future. I know this is irrelevant for bogleheads but just wanted to get some thoughts.


What makes sense to me is that if the speculation is wrong then we will see a correction when bad news start popping up. But if the speculation is right, because of itself, it will have the effect of hiding the good modest returns.
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Re: Bogle Interview CNN - Sat.

Post by stemikger » Tue Mar 21, 2017 7:50 am

EvelynTroy wrote:I wonderful 16 min. interview with Mr. Bogle just completed at CNN - on state of the economy.
Just a pleasure.

http://www.cnn.com/videos/tv/2017/03/18 ... conomy.cnn

Evelyn


Thanks for posting. Very enjoyable. Jack looks a little tired in this video. I hope he is doing well.
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Re: Bogle Interview CNN - Sat.

Post by abuss368 » Tue Mar 21, 2017 8:51 pm

Mr. Bogle is the best.
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Re: Bogle Interview CNN - Sat.

Post by perseus » Tue Mar 21, 2017 9:36 pm

carofe wrote:
perseus wrote:He also sounded a little ominous on the current market trajectory, and did not sound bullish at all on the current admininstration. Did anybody catch that? If so, will there be a market correction at some point in near future. I know this is irrelevant for bogleheads but just wanted to get some thoughts.
What makes sense to me is that if the speculation is wrong then we will see a correction when bad news start popping up. But if the speculation is right, because of itself, it will have the effect of hiding the good modest returns.
Looks like it is beginning to correct.

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John Bogle interview: is "deep risk" growing?

Post by CULater » Mon Mar 27, 2017 11:28 am

[Thread merged into here, see below (next page). --admin LadyGeek]

Just listened to an interview on CNN with John Bogle, and I was struck by his comments that long-term risks to the economy and markets may be greater than in the past and be growing. William Bernstein refers to long term risk as "deep risk". Deep risk -- as opposed to the shallow risk of market volatility -- is the threat of permanent losses, or at least significant reductions, of long term investment returns.

Toward the end of the interview, he seems to suggest, interestingly, that modern democracy might be a deep risk factor itself, mentioning Brexit as an example, but I won't risk straying into politics by saying any more. You'll need to listen to the interview yourself. Interesting stuff.

http://edition.cnn.com/videos/tv/2017/0 ... conomy.cnn
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Re: John Bogle interview: is "deep risk" growing?

Post by TheTimeLord » Mon Mar 27, 2017 11:35 am

CULater wrote:Just listened to an interview on CNN with John Bogle, and I was struck by his comments that long-term risks to the economy and markets may be greater than in the past and be growing. William Bernstein refers to long term risk as "deep risk". Deep risk -- as opposed to the shallow risk of market volatility -- is the threat of permanent losses, or at least significant reductions, of long term investment returns.

Toward the end of the interview, he seems to suggest, interestingly, that modern democracy might be a deep risk factor itself,
Does he suggest any actions an investor might want to take, because a problem without a proposed solution is basically a distraction.
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Re: John Bogle interview: is "deep risk" growing?

Post by rgs92 » Mon Mar 27, 2017 11:36 am

Mr. Bogle, if you listen to his thoughts over many years, always expresses notes of caution, even long-term caution, so this is nothing new.

I think that is a message to those who always get excited during bull markets and rush into 100% stocks in their portfolio (or those, often on the advice on an adviser of late, say they are 80/20 in equities for good now with great confidence).

And if you look, there have been many of those posts recently.

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Re: John Bogle interview: is "deep risk" growing?

Post by minesweep » Mon Mar 27, 2017 12:24 pm

rgs92 wrote:Mr. Bogle, if you listen to his thoughts over many years, always expresses notes of caution, even long-term caution, so this is nothing new.

I think that is a message to those who always get excited during bull markets and rush into 100% stocks in their portfolio [/b](or those, often on the advice on an adviser of late, say they are 80/20 in equities for good now with great confidence).

And if you look, there have been many of those posts recently.

Or those who are nervous Nellie's and sell all their stocks and go to 100% cash.

There has probably been an equal number of OP’s asking what they should do with all the cash they’ve been sitting on the sidelines with (waiting for a correction to get back into stocks).

And then there are the true Bogleheads who have a sleep at night investment plan with which they can stay the course.

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Re: John Bogle interview: is "deep risk" growing?

Post by rgs92 » Mon Mar 27, 2017 12:29 pm

Amen Minesweep. :)

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Re: John Bogle interview: is "deep risk" growing?

Post by triceratop » Mon Mar 27, 2017 12:32 pm

TheTimeLord wrote:
CULater wrote:Just listened to an interview on CNN with John Bogle, and I was struck by his comments that long-term risks to the economy and markets may be greater than in the past and be growing. William Bernstein refers to long term risk as "deep risk". Deep risk -- as opposed to the shallow risk of market volatility -- is the threat of permanent losses, or at least significant reductions, of long term investment returns.

Toward the end of the interview, he seems to suggest, interestingly, that modern democracy might be a deep risk factor itself,
Does he suggest any actions an investor might want to take, because a problem without a proposed solution is basically a distraction.
I'm sure Bogle is speaking about international markets and countries, because the corollary to his recommendation to invest solely in Total U.S. Market for equities is that he doesn't believe political risk can show up in the U.S.

cue International vs. US stocks debate in 3...2...1..

(I am being facetious)
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Re: John Bogle interview: is "deep risk" growing?

Post by Evidence Investor » Mon Mar 27, 2017 1:00 pm

This is a great interview so thanks for sharing. I think one of the best things about Jack Bogle is his steady personality that does not get too enthusiastic or too down over anything. Staying balanced with a reasonable asset allocation and following it for the long run, ignoring the noise of the crowd telling an investor to do this or that based on the latest news report is what makes his work so simple yet so profound. In this community we are devotees of his work, but in reality every single investor owes him a debt of gratitude for what he has accomplished and what he has and will continue to contribute to the world. He is a great American and a great human being.

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Re: John Bogle interview: is "deep risk" growing?

Post by harvestbook » Mon Mar 27, 2017 3:00 pm

I'd consider you extremely complacent if you believe there is absolute, eternal certainty in the US. All empires fall, it's just a question of when. In my mind, these last few decades show a course of increasing inability to govern ourselves. Sure, we appear safer than most countries, but collapses are never circled on the calendar. And, of course, if our government falls or we are conquered, we have far bigger problems than our holdings in the stock market or our worthless bonds.

That said, one can only worry about what one can control, so I will stay diversified globally and have some canned beans on hand.
I'm not smart enough to know, and I can't afford to guess.

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