John C. Bogle

John C. Bogle
Bogle late in his career
Born
John Clifton Bogle

(1929-05-08)May 8, 1929
DiedJanuary 16, 2019(2019-01-16) (aged 89)
Education
Occupations
Known forFounding and leading The Vanguard Group
Political partyRepublican[1]
Spouse
Eve Sherrerd
(m. 1956)
Children6

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.

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.[2][3]

  1. ^ Cite error: The named reference Sommer2012 was invoked but never defined (see the help page).
  2. ^ David Brancaccio (October 10, 2003). "John Bogle". NOW on PBS.
  3. ^ Scott Burns (March 13, 2010). "A visit with John Bogle". Seattle Times.