Former Vanguard Group Chairman and CEO F. William McNabb's first, and most impactful, meeting with Vanguard founder Jack Bogle was an interview for a product manager position in the 401k business in 1986.
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Vanguard founder Jack Bogle dies at 89; pioneered the index fundA towering figure in finance, he revolutionized American investment with his invention of the index fund.
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Jack Bogle defined value in more ways than oneThe Vanguard founder turned the once-heretical idea of indexing the broad stock market into the dominant form of investing. Instead of pursuing riches, he spread the low-cost ethos, saving investors untold billions and building a $5 trln juggernaut. Talk about wealth creation.
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Jim Cramer: Jack Bogle was despised in the business and he loved it'He hated the way business was done in this country. He hated Wall Street,' MadMoneyOnCNBC's Jim Cramer said of the late Jack Bogle. 'There were a lot of people that were his enemies and a lot of them are praising him today. And they are two-faced.'
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Jack Bogle on how to invest in a time of Trump: ‘Be realistic’The Vanguard veteran, with 66 years of investing behind him, isn’t optimistic about where stocks are headed, given the uncertainty around Trump’s agenda — but there is opportunity, if you stick to his two key rules, he says.
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