Wednesday, October 6, 2010

John Bogle-"Enough"-Commencement Address


John Bogle on "Enough"

Here’s how I recall the wonderful story that sets the theme for my remarks today: At a
party given by a billionaire on Shelter Island, the late Kurt Vonnegut informs his pal, the author
Joseph Heller, that their host, a hedge fund manager, had made more money in a single day than
Heller had earned from his wildly popular novel Catch 22 over its whole history. Heller
responds, “Yes, but I have something he will never have . . . Enough.”

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