The Clash of the Cultures: Investment Vs Speculation by Bogle, John C - 2012

Hoboken, NJ: John Wiley & Sons, 2012. 8vo size hardcover with dust jacket; 353 bright, white pages including index From dust jacket: "During (the author's) career in the investment profession, he's witnessed change it he very nature of our financial system, and not for the better. Our aggressive culture of destruction and costly speculation has come to dominate the earlier prudent culture of investment. To the detriment of our society, the idea of stewardship has gotten lost in the shuffle, replaced by salesmanship and innovations that have ill-served investors... He sheds new light on the dramatic change in the culture of mutual fund industry, the multiple ways in which speculation has invaded our retirement system, and the need for a federal standard of fiduciary duty." The author is the founder of the Vanguard Group. Bumped head and heel of spine, presentation bookplate on fep, two creased page tips, fingermark on top of book. . Hard Cover. Very Good/Very Good. 8vo - over 7¾" - 9¾" tall.