John Bogle: recent publications

6 things all successful people do

6 things all successful people do For four years, Tony Robbins interviewed the world’s top financial minds, on a quest to provide the average person with the blueprint to. He talked with money masters like Mary Callahan Erdoes, considered by many as the most powerful woman in finance, John Bogle, founder of Vanguard and father of the index fund, and Charles Schwab, or “Chuck” as you may remember him from the discount brokerage’s commercials.On the surface, the characteristics of rich people may seem different. John Bogle believes in investing, holding and indexing.

Financier Carl Icahn is the opposite: he disrupts the system to maximize profits. It can leave a beginner wondering what rich people have in common, when the ways they earn their wealth are so different.What Tony found on his epic journey was a among this group of ultra-wealthy individuals — principles that guided their decision-making and, ultimately, their success. Remember Warren Buffet’s most famous quote? “Rule #1: Don’t lose money.

Rule #2: Never forget rule number one.” The ultra-wealthy live by this maxim; they also understand the true cost of losing. If you lose 50% of your money, it takes 100% more to get it back, because you have less to invest. They know that no matter how much money you have, you can’t afford to lose it.It’s a common misconception that entrepreneurs, financiers and other successful people have a high.

But it isn’t true. One of the most important characteristics of rich people is that they are risk-averse – but they think big. The ultra-wealthy want to for as great a reward as possible.The average person thinks small.

people personality mindfulness

Tony Robbins Charles Schwab Carl Icahn Mary Callahan Erdoes John Bogle

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