You don’t need to be great to thrive as an investor

“It was a priceless education. Jack Bogle, the index fund icon who founded Vanguard, which now manages $6.2 trillion, talked to me about the formative investment lessons he’d learned from his mentor and “hero,” a mutual fund pioneer named Walter Morgan: “Don’t get carried away. Don’t take excessive risk.… Keep your costs low.” And: “The crowd is always wrong.” As we shall see, Bogle also explained why “you don’t need to be great” to thrive as an investor.”

Excerpt From: William Green. “Richer, Wiser, Happier.”