longtermdave Posted January 16, 2019 Share Posted January 16, 2019 A great man Link to comment Share on other sites More sharing options...
clutch Posted January 16, 2019 Share Posted January 16, 2019 oh no :'( RIP Link to comment Share on other sites More sharing options...
boilermaker75 Posted January 16, 2019 Share Posted January 16, 2019 Sad news, I loved his book Common Sense on Mutual Funds, RIP. Link to comment Share on other sites More sharing options...
Guest cherzeca Posted January 16, 2019 Share Posted January 16, 2019 I know Buffett is revered on this site, rightly so, but bogle has positively influenced so many more lives. maybe rename this site corner of Berkshire, Fairfax and vanguard. Link to comment Share on other sites More sharing options...
LongTermView Posted January 17, 2019 Share Posted January 17, 2019 This is a sad day. He did a lot for private investors. Link to comment Share on other sites More sharing options...
alpha Posted January 17, 2019 Share Posted January 17, 2019 RIP Link to comment Share on other sites More sharing options...
Guest longinvestor Posted January 17, 2019 Share Posted January 17, 2019 I know Buffett is revered on this site, rightly so, but bogle has positively influenced so many more lives. maybe rename this site corner of Berkshire, Fairfax and vanguard. RIP. A doyen of investing whose low cost investing sustained for the next 50 years would leave trillions in customers pockets. Buffett acknowledged Bogle two years ago at the AGM, saying nobody has done more for ordinary investors. An American hero! https://finance.yahoo.com/news/incredible-moment-warren-buffett-praised-jack-bogle-2017-berkshire-meeting-234802810.html Link to comment Share on other sites More sharing options...
LC Posted January 17, 2019 Share Posted January 17, 2019 Great business that saved and made a lot of ordinary people money. That's the right incentive. RIP Link to comment Share on other sites More sharing options...
Guest longinvestor Posted January 17, 2019 Share Posted January 17, 2019 A fitting tribute to Bogle would be if 401K plan sponsors are motivated, cajoled or even regulated to offer low cost index funds in their plans. The retirement crisis would be addressed or at least not stolen from. Bogle would RIP should Munger’s prediction of 0.2% max fees comes true. Link to comment Share on other sites More sharing options...
LongHaul Posted January 17, 2019 Share Posted January 17, 2019 I really admired the late Bogle. One of the biggest things he did was make Vanguard a mutual. By doing so he gave up an unbelievable level of wealth to the customers of Vanguard and likely competitors customers who had to lower fees. How much did he give up? If he had made Vanguard a for profit lets assume that on $5 trillion he would have made 5 bps. That works out to $250m per year so let's put that at 20x = $5b plus all the profits he would have collected over the years and that could of easily been $7b+. He is probably saving people billions per year on fee reductions. Amazing. He is opposite of the private equity manager/hedge fund model. Link to comment Share on other sites More sharing options...
stahleyp Posted January 17, 2019 Share Posted January 17, 2019 He seemed like a good man. I think he's done quite a bit more than even Buffett for the average investor. Not only with the low cost index fund itself but also with forcing other places to reduce the costs for funds too. Link to comment Share on other sites More sharing options...
Liberty Posted January 17, 2019 Share Posted January 17, 2019 He probably did more for most regular investors than anyone else. Sad news. Financial history will remember him for a long time. Link to comment Share on other sites More sharing options...
Jurgis Posted January 17, 2019 Share Posted January 17, 2019 He probably did more for most regular investors than anyone else. Sad news. Financial history will remember him for a long time. +1. Sad news. Link to comment Share on other sites More sharing options...
DooDiligence Posted January 18, 2019 Share Posted January 18, 2019 My Math for Liberal Arts instructor has given us an extra credit assignment. The assignment requires a 5 minute oral presentation (with visuals) about a historical individual who made an impact on the world & how this person used math to accomplish their work. I'm doing mine on John Bogle & index investing. Link to comment Share on other sites More sharing options...
John Hjorth Posted January 18, 2019 Share Posted January 18, 2019 My Math for Liberal Arts instructor has given us an extra credit assignment. The assignment requires a 5 minute oral presentation (with visuals) about a historical individual who made an impact on the world & how this person used math to accomplish their work. I'm doing mine on John Bogle & index investing. Great pick, Jeff! You'll do well! Link to comment Share on other sites More sharing options...
Cigarbutt Posted January 18, 2019 Share Posted January 18, 2019 My Math for Liberal Arts instructor has given us an extra credit assignment. The assignment requires a 5 minute oral presentation (with visuals) about a historical individual who made an impact on the world & how this person used math to accomplish their work. I'm doing mine on John Bogle & index investing. Great pick, Jeff! You'll do well! You may know the man, the capitalist with a soul, well but thought the following reference could instil some inspiration: http://www.philly.com/business/john-bogle-dead-vanguard-obituary-20190116.html "While Mr. Bogle was facile with numbers, he was much less interested in counting than in what counts, and his intellectual range was broad." I would say his impact was mutual in nature. Link to comment Share on other sites More sharing options...
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