Sunday, August 31, 2008

Wiley Announces Multiple Book Agreement With John C. Bogle

John Wiley & Sons, Inc. has signed a multiple-book deal with John C. Bogle, founder of The Vanguard Group, author, and one of the most respected and influential leaders in investing. Considered by many to be the "Father of Index Investing," Mr. Bogle has long been praised for his work by financial luminaries including Warren Buffett, Charles T. Munger, Paul Samuelson, Bill Gross, and Burton Malkiel, among many others. He's considered one of the investment industry's greatest visionaries and a champion for the individual investor. In accordance with his custom, Mr. Bogle will donate all of his book royalties to charity.

The first book is scheduled to be published in November 2008. Titled Enough., it is inspired by a 2007 Georgetown University commencement address by Mr. Bogle which examined the attributes of a life well-lived and warned about the risks presented by a financial system that is subtracting value from our society. As the credit crisis has wrought havoc through much of the economy in 2007 and into 2008, Mr. Bogle's warnings proved to be prophetic. In the book, he expands on this theme reminding us of what is or should be "enough" in money, in business, and in life. The message is compelling, yet ultimately optimistic.

The second book is titled Jack Bogle Speaks, and it is currently scheduled for publication in the fall of 2009.