John C. Bogle
John Clifton "Jack" Bogle (May 8, 1929 – January 16, 2019) was an American investor, business magnate, and philanthropist. He was the founder and chief executive of The Vanguard Group and is credited with popularizing the index fund. An avid investor and money manager himself, he preached investment over speculation, long-term patience over short-term action, and reducing broker fees as much as possible. An ideal investment vehicle for Bogle was a low-cost index fund representing the entire US market, held over a lifetime with dividends reinvested.
John C. Bogle | |
|---|---|
Picture of John C. Bogle late in his career | |
| Born | John Clifton Bogle May 8, 1929 |
| Died | January 16, 2019 (aged 89) |
| Education | |
| Occupations |
|
| Known for | Founding and leading The Vanguard Group |
| Political party | Republican |
| Spouse |
Eve Sherrerd (m. 1956) |
| Children | 6 |
His 1999 book Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor became a bestseller and is considered a classic within the investment community.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.