Bogle, John C. “Stay the Course: The Story of Vanguard and the Index Revolution, ”Wiley 2019”, p 279. Kindle Edition.

This was the last paragraph of Mr. Bogles’ last book. He was the founder of the Vanguard Group, currently the world’s second largest asset manager.

Stay the Course

I’ve usually used the phrase “stay the course” as one of the great rules of investment success. Ignore the day-to-day fluctuations in the stock market and focus on the long-term growth of the U.S. economy. But as I complete this memoir, “stay the course” is also a splendid rule for fighting our way through the inevitable ups and downs of the short spans of our existence on this Earth, and for enjoying a productive and honorable life well lived.