The Dangers of Never Having Enough
The Power of 'Enough': Lessons from John Bogle and Wall Street In the pursuit of wealth and success, we often lose sight of a simple yet profound concept: enough . This idea, eloquently captured by Vanguard founder John Bogle, serves as a powerful reminder in our increasingly materialistic world. The Story of 'Enough' Bogle recounts a conversation between Kurt Vonnegut and Joseph Heller at a billionaire's party: 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." This anecdote perfectly encapsulates the essence of our discussion. In a world where the pursuit of more seems endless, the concept of 'enough' stands as a beacon of wisdom and contentment. To illustrate the ...