The Cult of Vanguard

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The Cult of Vanguard

机译：先锋崇拜

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Getting fired isn't always a bad thing. Just ask shareholders of Vanguard Group.rnFounder John Bogle launched the first retail index mutual fund in 1975, a year after being ousted - for engineering a mergerthat ultimately failed-from his role as president of Wellington Management Co., a Boston-based asset manager that today is a subadviser for some Vanguard funds.rnDriven by an entrenched thriftiness he developed early in life, Bogle started a company specializing In index funds that was owned by shareholders and provided services at cost. Over the years. Vanguard developed an ethos, still strong today, that fosters teamwork, regarding success as collective rather than individual and valuing employees.

机译：被解雇并不总是一件坏事。只需问问先锋集团的股东即可。创始人约翰·博格尔（John Bogle）于1975年推出了第一只零售指数共同基金，此后一年，他因担任合并工程而最终失败，因为他担任总部位于波士顿的资产管理公司惠灵顿管理公司（Wellington Management Co.）的总裁如今，他是一些先锋基金的子顾问。由于他早年发展的坚强节俭精神，博格尔成立了一家专门从事指数基金的公司，该公司由股东所有，并提供成本服务。这些年来。先锋集团发展了一种今天仍很强大的精神，这种精神促进团队合作，将成功视为集体而非个人，并重视员工。

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《Institutional investor》 |2009年第7期|128-128|共1页
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The Cult of Vanguard

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