Jack Bogle's Views on Past Returns and Trust in the US Market

The speaker discusses their conversation with Jack Bogle, focusing on his views on past returns and the importance of trust in the US market. Bogle emphasizes that past returns don't guarantee future results and asserts his trust in the US market, citing the international exposure of S&P 500 companies. The chapter also mentions the performance of a diversified portfolio during a specific 10-year period but realizes that Bogle remains committed to the S&P 500 regardless.