John Bogle

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John Bogle. Photo by Paul (sddiehard).

John C. (Jack) Bogle, after whom the Bogleheads are named, is founder of the Vanguard Group and creator of the world's first retail index fund. Mr. Bogle has written several investing books, and since retiring from Vanguard in 2000, he has worked tirelessly as an investor advocate. He is currently president of the Bogle Financial Markets Research Center, whose website contains comprehensive biographical information, as well as a list of books authored and the texts of speeches delivered. His latest books, not yet mentioned on the Center's website, are The Little Book of Common Sense Investing and Enough: True Measures of Money, Business, and Life.

Followers of John Bogle's investment philosophy admire him not just for his eloquence in tirelessly speaking and writing about the importance of fees and advantages of indexing, but in his conscious decision in the creation of The Vanguard Group not to enrich himself at the expense of consumers.

Vanguard is unusual among mutual-fund companies since it is owned by the funds themselves. The company says that this structure better orients management towards shareholder interests. Other mutual-fund sponsors are expected simultaneously to make a profit for their outside owners and provide the most cost-effective service to funds for their shareholders.




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