John "Jack" Bogle - The Passing of My Hero

John Bogle

A giant figure in the investment world passed away on January 16. John “Jack” Bogle died at the age of 89. He founded The Vanguard Group, a mutual fund company in 1974, a firm that would emerge as an industry leader over the past few decades. Bogle brought a new type of broad-based index fund to individual investors and established a business philosophy and approach that was intent on keeping fees low. This was a radically different business model that focused on aiding the “average, everyday” investor. His philosophy about investing and insights into the markets are what inspired me to think about my own financial goals.

Bogle wrote a number of terrific books that I encourage others to read and to learn what you can from this remarkable man:

 “The Little Book of Common Sense Investing”, updated and reissued in 2017

 “Bogle on Mutual Funds: New Perspectives for the Intelligent Investor” (2015)

“The Clash of Cultures: Investment vs. Speculation” (2012)