Tributes were paid to Jack Bogle, the founder of Vanguard, who died at the age of 89. Mr Bogle revolutionised the investment industry in the 1970s by launching an index-tracking fund with super-low fees aimed at everyday investors. Some called him the Henry Ford of finance for bringing Wall Street to the masses. Vanguard is now the world’s second-largest investment firm with $4.9trn of assets under management. One of his best-known pieces of investment advice was: “Time is your friend; impulse is your enemy.”
单词速记
- tribute [ˈtrɪbju:t] n. 致敬;悼念
速记:词根tribe(部落/给)→致敬/悼念→contribute:贡献 - revolutionise [revə'lu:ʃənaɪz] v. 使……变革
速记:revolve(旋转)→revolution(革命)+ ize(动词后缀) - investment [ɪnˈvestmənt] n. 投资
速记:词根vest指“马甲”→证券交易员→投资 - index [ˈɪndeks] n. 指数
速记:index finger:食指→index:指数 - mass [mæs] n. 大量;群众
速记:mass(弥撒)→受众,群众 - asset ['æset] n. 资产
- impulse [ˈɪmpʌls] n. 冲动
速记:im(里面)+ pul/pel(推动)→内心的推动
译文
人们向先锋集团创始人杰克·博格尔致敬,博格尔享年89岁。上世纪70年代,博格尔推出了一只超低收费的指数跟踪基金,主要面向普通投资者,从而彻底改变了投资行业。一些人称他为金融界的亨利·福特,因为他将华尔街带到大众面前。先锋集团目前是全球第二大投资公司,管控着4.9万亿美元的资产。他最著名的一条投资建议是:“时间是你的朋友;冲动是你的敌人“。
更多单词速记,请见《解词·速记》。
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