A towering figure in finance, he revolutionized American investment with his invention of the index fund.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Jack Bogle, Father Of Simple Investing, Dies At 89Bogle, the founder of Vanguard who created the first index mutual fund, died Wednesday, the firm said. He said investors should own a mix of bonds and stocks but shouldn't pay managers to pick them.
Read more »
Jack Bogle feared this one thing most and it drove him to revolutionize investing with VanguardFormer 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.
Read more »
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.
Read more »
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.'
Read more »