Title
The Clash of the Cultures: Investment vs. Speculation,New
Delivery time: 8-12 business days (International)
Recommended Reading by Warren Buffet in his March 2013 Letter to ShareholdersHow speculation has come to dominate investmenta hardhitting look from the creator of the first index fund.Over the course of his sixtyyear 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, valueadding culture of longterm investment has been crowded out by an aggressive, valuedestroying culture of shortterm speculation. Mr. Bogle has not been merely an eyewitness to these changes, but one of the financial sectors most active participants. In The Clash of the Cultures, he urges a return to the common sense principles of longterm investing.Provocative and refreshingly candid, this book discusses Mr. Bogle's views on the changing culture in the mutual fund industry, how speculation has invaded our national retirement system, the failure of our institutional money managers to effectively participate in corporate governance, and the need for a federal standard of fiduciary duty.Mr. Bogle recounts the history of the index mutual fund, how he created it, and how exchangetraded index funds have altered its original concept of longterm investing. He also presents a firsthand history of Wellington Fund, a realworld case study on the success of investment and the failure of speculation. The book concludes with ten simple rules that will help investors meet their financial goals. Here, he presents a common sense strategy that 'may not be the best strategy ever devised. But the number of strategies that are worse is infinite.'The Clash of the Cultures: Investment vs. Speculation completes the trilogy of bestselling books, beginning with Bogle on Investing: The First 50 Years (2001) and Don't Count on It! (2011)
By changing our most important processes and
products, we have already made a big leap forward. This ranges from the
increased use of more sustainable fibers to the use of more
environmentally friendly printing processes to the development of
efficient waste management in our value chain.
⚠️ WARNING (California Proposition 65):
This product may contain chemicals known to the State of California to cause cancer, birth defects, or other reproductive harm.
For more information, please visit www.P65Warnings.ca.gov.
Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
Shipping & Returns
Shipping
We ship your order within 2–3 business days for USA deliveries and 5–8 business days for international shipments. Once your package has been dispatched from our warehouse, you'll receive an email confirmation with a tracking number, allowing you to track the status of your delivery.
Returns
To facilitate a smooth return process, a Return Authorization (RA) Number is required for all returns. Returns without a valid RA number will be declined and may incur additional fees. You can request an RA number within 15 days of the original delivery date. For more details, please refer to our Return & Refund Policy page.
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
Warranty
We provide a 2-year limited warranty, from the date of purchase for all our products.
If you believe you have received a defective product, or are experiencing any problems with your product, please contact us.
This warranty strictly does not cover damages that arose from negligence, misuse, wear and tear, or not in accordance with product instructions (dropping the product, etc.).
Secure Payment
Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.
Secure Payment
Your payment information is processed securely. We do not store credit card details nor have access to your credit card information.
We accept payments with :
Visa, MasterCard, American Express, Paypal, Shopify Payments, Shop Pay and more.
Related Products
You may also like
Frequently Asked Questions
- Q: What is the main theme of 'The Clash of the Cultures: Investment vs. Speculation'? A: The main theme of the book is the shift in the financial sector from a culture of long-term investment to one dominated by short-term speculation, as discussed by author John C. Bogle.
- Q: Who is the author of this book? A: The author of 'The Clash of the Cultures: Investment vs. Speculation' is John C. Bogle, who is also the founder of the Vanguard Group.
- Q: What are the key topics discussed in the book? A: Key topics include the history of the index fund, the impact of speculation on investment culture, institutional money managers' roles in corporate governance, and principles for long-term investing.
- Q: How many pages does the book have? A: The book contains 384 pages.
- Q: What is the publication date of this book? A: The book was published on August 7, 2012.
- Q: What type of binding does this book have? A: This book is available in hardcover binding.
- Q: Is this book suitable for beginners in investing? A: Yes, the book is suitable for both beginners and experienced investors as it discusses fundamental investment principles in a clear and accessible manner.
- Q: Does the book provide practical investment strategies? A: Yes, the book concludes with ten simple rules to help investors achieve their financial goals.
- Q: What is the condition of the book being sold? A: The book is in new condition.
- Q: Is there a specific audience that would benefit from this book? A: The book is beneficial for anyone interested in finance, investing, and understanding the differences between investment and speculation, including individual investors and financial professionals.