#57 John Bogle: Stay the Course: The Story of Vanguard and the Index Revolution
Founders28 Jan 2019

#57 John Bogle: Stay the Course: The Story of Vanguard and the Index Revolution

What I learned from reading Stay the Course: The Story of Vanguard and the Index Revolution. ---- This is a story of a revolution [0:01] what Vanguard does and why? [7:00] the seed of the idea that eventually becomes Vanguard [10:00] switching from conservative investing to speculation / when humans are scared they copy the behavior of those around them [17:00] John gets fired. He decides to fight back. [31:00] if you know why you are doing what you are doing you are less likely to quit [41:00] staying the course gives you a massive advantage because most humans quit [53:00] We must never underrate the power of compounding investment returns, and always avoid the tyranny of compounding investment costs.– John Bogle [59:00] eliminating the 50-year tradition of sales commission [1:01:00] a failure caused by focusing on competition and not learning from the past [1:06:00] the Founders Mentality [1:07:30] personal reflections and a memoir of sorts [1:11:00] ---- Founders Notes gives you the ability to tap into the collective knowledge of history's greatest entrepreneurs on demand. Use it to supplement the decisions you make in your work. Get access to Founders Notes here. ---- “I have listened to every episode released and look forward to every episode that comes out. The only criticism I would have is that after each podcast I usually want to buy the book because I am interested so my poor wallet suffers. ” — Gareth Be like Gareth. Buy a book: All the books featured on Founders Podcast

Episoder(441)

#416 The Relentless Missionary Creating AGI: Demis Hassabis

#416 The Relentless Missionary Creating AGI: Demis Hassabis

This episode is about a once-in-a-generation mind working on what may be the most important problem in history. Based on the new book The Infinity Machine: Demis Hassabis, DeepMind, and the Quest for ...

1 Apr 54min

#415 How Elon Thinks

#415 How Elon Thinks

My friend Eric Jorgenson spent years—and thousands of hours—studying Elon Musk. Eric read everything Elon has written, read everything written about Elon, and watched every interview Elon's given. He ...

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#414 How SpaceX Works

#414 How SpaceX Works

SpaceX is one of the most dominant companies on the planet and their performance gap just keeps getting bigger. In 2025, SpaceX launched more mass to orbit than every other provider on Earth combined....

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#413 How To Run Down A Dream

#413 How To Run Down A Dream

Running Down A Dream: How to Succeed and Thrive in a Career You Love by Bill Gurley has been one of the most valuable talks I've heard. For years I have been using ideas from that talk to build this p...

3 Mar 31min

#412 How Roger Federer Works

#412 How Roger Federer Works

What I learned from reading The Master: The Long Run and Beautiful Game of Roger Federer by Chris Clarey. Episode sponsors: Ramp⁠⁠⁠⁠⁠⁠⁠ gives you everything you need to control spend, watch your...

19 Feb 48min

#411 Tortured Into Greatness: The Life of Andre Agassi

#411 Tortured Into Greatness: The Life of Andre Agassi

Andre Agassi's autobiography is a brutally honest story about a tennis legend who hated the game that made him famous. Agassi traces his journey from a harsh, obsessive childhood training regimen to s...

4 Feb 1h 1min

#410 Excellent Advice for Living

#410 Excellent Advice for Living

On his 68th birthday, Kevin Kelly began to write down for his young adult children some things he had learned about life that he wished he had known earlier. Kelly’s timeless advice covers an astonis...

25 Jan 37min

The Singular Life of Rick Rubin

The Singular Life of Rick Rubin

There's no one like Rick Rubin. He's a legendary music producer known for his minimalist approach and relentless pursuit of greatness. This episode is what I learned from reading ⁠Rick Rubin: In The S...

16 Jan 1h 20min

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