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John Bogle, the Vanguard founder who passed away in 2019, once told a
story about money that highlights something we don’t think about enough:
At a party given by a billionaire on Shelter Island, Kurt Vonnegut informs
his pal, 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.”
By Raja Babu5
22 ratings
John Bogle, the Vanguard founder who passed away in 2019, once told a
story about money that highlights something we don’t think about enough:
At a party given by a billionaire on Shelter Island, Kurt Vonnegut informs
his pal, 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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