Enough.: True Measures of Money, Business, and Life Hardcover - 2008

From the rear cover

"What went wrong? What can, and should, go right? The great Jack Bogle has the answers. Enough. will leave you hungry for more."--JAMES GRANT, editor of Grant's Interest Rate Observer

"Jack Bogle's wonderful, thoughtful, helpful, and fun-filled little book inspired me to create my own title: Never Enough of Jack Bogle!"--Peter L. Bernstein, author of Capital Ideas Evolving and Against the Gods

"In Enough., Jack Bogle, 'the conscience of Wall Street, ' distills his half-century of observations on the capital markets, and on life in general, into a few hundred entertaining pages--required reading for those concerned about their own future, their family's future, and the nation's future."--William J. Bernstein, author, A Splendid Exchange and The Four Pillars of Investing

"Enough. gives new meaning to the words 'commitment, ' 'accountability, ' and 'stewardship.' Bogle writes with clarity and passion, and his standards make him a role model for all of us. Enough. is must-reading for millions of U.S. investors disenchanted by today's culture of greed, accounting distortions, corporate malfeasance, and oversight failure."--ARTHUR LEVITT, Former Chairman, U.S. Securities and Exchange Commission

From the jacket flap

We live during a time where there seems to be no limit to what "enough" entails. CEOs--even those of failing corporations--pull down huge paychecks and hedge fund managers can enjoy billion-dollar paydays. These excesses are only the most obvious examples of the gross excesses that have overwhelmed our financial system, precipitating the crisis we now face.

These excesses extend far beyond the financial markets. Not knowing what is "enough" also undermines our business and professional values, and often leads us astray when attempting to make important personal decisions about our investments and indeed about our own lives.

Throughout his legendary career, John C. Bogle--founder of the Vanguard Mutual Fund Group and creator of the first index mutual fund--has helped investors build wealth the right way and led a tireless campaign to restore common sense to the investment world. Along the way, he's seen how destructive an obsession with financial success can be. Now, with Enough., he puts this dilemma in perspective.

Inspired in large measure by the hundreds of lectures Bogle has delivered to professional groups and college students in recent years, Enough. seeks, paraphrasing Kurt Vonnegut, "to poison our minds with a little humanity." Bogle considers what "enough" actually means as it relates to money, business, and life. The world of finance, he argues, is marked by too much cost, and not enough value; too much speculation, and not enough investment; too much complexity, and not enough simplicity. Similarly, our business world is focused too much on counting and salesmanship, and not enough on trust and stewardship; and our society at large is too obsessed with charisma and wealth, and not enough with character and wisdom.

Bogle also considers what "enough" means for him personally, and offers his thoughts on how--in a world increasingly focused on status and score-keeping--you can find your way and take comfort in the knowledge that you can indeed have "enough."

Written in a straightforward and accessible style, Enough. inspires and enlightens in equal measure. Bogle offers his unparalleled insights on money, on the values we should emulate in our business and professional callings, and on what we should consider as the true treasures in our lives. Discover what it really means to have "enough" and you'll quickly realize how close you are to having it.

Media reviews

Citations

• Reference and Research Bk News, 02/01/2009, Page 137
• Time, 11/17/2008, Page 12