Bogle: Keep Investing

Here is the link.

Time: 2009 interviewed by Christine.

12 times wild and down day -
capital

investors are losers, some one is the winner.
Wall street wins - over 600 billion dollars, fees, commissions etc. - crying out for the change

stock trading - 72 days - frequent trade 2% - compared to 2 or 3 days/ year
credit too easy
government intervention
credit standard is devastated low

Government is only vehicle left - since great depression

Differently - investment is simple thing, own business

3:00 / 7:07
Questions: long term investor vs speculator

Answer:

Own business, own all the business if index chosen.

Index - own all business - let capitalism do the work. 7% a year, 2.5% dividend yield.

wild swing - investment does steady line - upward

not smart enough to buy high, not smart enough to buy low -

Sharp market decline is good for buyer. It is good for some one since the stock market is for buyer or seller.

Stay on the course, keep investing.

4:28/ 7:07
Question: tell us the genesis of Enough book

Answer:
My critic of American society, finance system, and how we do business, how we do with our lives and all other things

Improve whole society ...

Let me smart enough to ...
Try to accumulate ...
Keep investing ...

Enough - book and how book is written?
Think about building better world. Rather thinking about wealth and fame and power.

Service for community, for better world, rather than accumulating money, wealth and power