Founders

#58 John Bogle: Enough: True Measures of Money, Business, and Life


Listen Later

What I learned from reading Enough: True Measures of Money, Business, and Life by John Bogle 

----

Gentlemen, cut your costs. [4:00]

the benefits of being forced to work early on in life [7:00]

I'll never forget the inspiration when I read this quote: The force of his mind overcame his every impediment. [9:30]

the traits he needed to found Vanguard [12:00] 

what John thinks we should be doing better [13:30]

create things that help other people/Charlie Munger [17:30]

When a business fails people want to know their revenue. I want to know their costs [19:30]

the past is not a prologue in the financial markets... please, please, please don't count on it. [23:00]

Einstein well understood the limits of quantification / the way we act and the way we measure are in conflict [26:00]

Show me the incentive and I will show you the outcome. –Charlie Munger / If you get the incentives right when you start the company you will grow. [35:00]

A rule of life: Press On, Regardless [39:00]

10 reasons why I bother to battle [44:00]

----

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

...more
View all episodesView all episodes
Download on the App Store

FoundersBy David Senra

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

1,832 ratings


More shows like Founders

View all
a16z Podcast by Andreessen Horowitz

a16z Podcast

1,044 Listeners

We Study Billionaires - The Investor’s Podcast Network by The Investor's Podcast Network

We Study Billionaires - The Investor’s Podcast Network

3,369 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

522 Listeners

The Knowledge Project with Shane Parrish by Shane Parrish

The Knowledge Project with Shane Parrish

2,660 Listeners

Acquired by Ben Gilbert and David Rosenthal

Acquired

4,226 Listeners

Invest Like the Best with Patrick O'Shaughnessy by Colossus | Investing & Business Podcasts

Invest Like the Best with Patrick O'Shaughnessy

2,289 Listeners

Capital Allocators – Inside the Institutional Investment Industry by Ted Seides – Allocator and Asset Management Expert

Capital Allocators – Inside the Institutional Investment Industry

798 Listeners

How to Take Over the World by Ben Wilson | QCODE

How to Take Over the World

794 Listeners

My First Million by Hubspot Media

My First Million

2,633 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,254 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

351 Listeners

The Startup Ideas Podcast by Greg Isenberg

The Startup Ideas Podcast

199 Listeners

ACQ2 by Acquired by Ben Gilbert and David Rosenthal

ACQ2 by Acquired

242 Listeners

Moneywise by Hampton

Moneywise

645 Listeners

BG2Pod with Brad Gerstner and Bill Gurley by BG2Pod

BG2Pod with Brad Gerstner and Bill Gurley

466 Listeners