#58 John Bogle: Enough: True Measures of Money, Business, and Life
Founders
00:00
The Difference Between Companies That Trust and Companies That Count
Vanguard's market share as I've said countless times must be a measure not an objective it must be earned not bought our strategy arose from a conviction that the best corporate growth comes from putting the horse of doing things for clients ahead of the cart of earning target earnings targets. Growth must be organic rather than forced no company can ignore numbers all together and certainly not one as huge as Vanguard cannot ignore numbers with quantitative goals and statistical achievements. We have often noted the extremes and management style between companies that trust and companies that count and I fervently hope that anyone who has ever worked for Vanguard includes our company among the former.
Transcript
Play full episode
