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RIP Jack Bogle

The founder of Vanguard group and index investing has just died.

https://www.cnbc.com/2018/12/14/jack-bogle-founder-of-vanguard-group-and-creator-of-the-index-fund-dies-at-age-89.html

RIP Jack, the peoples champion

Comments

  • OldMusicGuy
    OldMusicGuy Posts: 1,768 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    Sad news. I have found his writings/musings and the Vanguard funds very helpful. A very sad loss, but at least he leaves a substantial legacy in terms of his impact.
  • RIP Jack. Your legacy lives on though...
  • fun4everyone
    fun4everyone Posts: 2,369 Forumite
    Tenth Anniversary 1,000 Posts Name Dropper Photogenic
    Sad news indeed. The UK investing market is infinitely better off for us customers for having Vanguard in it.
  • ChesterDog
    ChesterDog Posts: 1,146 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    The very definition of loss.
    I am one of the Dogs of the Index.
  • talexuser
    talexuser Posts: 3,543 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Watched a few of his videos and interviews. He certainly achieved a huge reduction in the number of fund managers charging high fees and gettin rich on average and poor performance - and still there is work to be done. RIP.
  • ColdIron
    ColdIron Posts: 10,040 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    'Don't look for the needle in the haystack. Just buy the haystack!'
  • TBC15
    TBC15 Posts: 1,507 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Changed an industry, a job well done.
  • george4064
    george4064 Posts: 2,935 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    RIP to a great man who setup a great establishment for people to invest for their futures.
    "If you aren’t willing to own a stock for ten years, don’t even think about owning it for ten minutes” Warren Buffett

    Save £12k in 2025 - #024 £1,450 / £15,000 (9%)
  • Sad news. The man who brought down investing fees enormously so investing is now accessible to the everyday, average person. As well as creating index funds, and of course - Vanguard.

    RIP Jack.
  • jim8888
    jim8888 Posts: 413 Forumite
    Tenth Anniversary 100 Posts Name Dropper
    He should be as publicly lauded as Buffet, if not more so. Who'll be next to rock the finance industry's yachts? RIP
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