2015 Bogleheads Conference Message from Jack Bogle

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jack bogle
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2015 Bogleheads Conference Message from Jack Bogle

Post by jack bogle »

To my wonderful Bogleheads,

Our fourteenth annual gathering was truly heartwarming and informative--a triumph that gave me much joy and inspiration. Thank you all for coming, for being so attentive, for taking such good care of each other, for enjoying those two days of intensive contemplation, and--of course--for that magnificent walking stick, an echo of Ben Franklin, the consummate entrepreneur and citizen of Philadelphia and the United States of America.

I've reviewed my 55-slide (ouch!) presentation, and am posting it on my e-blog--www.johncbogle.com--momentarily.
While it's essentially unchanged from what you saw at our meeting, I did change the order in a few spots, and revised several numbers to conform with other things that I've written (notably the expected returns presented on slides #47 and #50. In the interests of continuity and clarity, I've also added tag lines at the base of each slide to set what's coming up next.

Enjoy seeing this presentation again! And enjoy with me another few moments of the memories of the bright sun in which we basked together--intellectually, jointly, and in yet another Philadelphia autumn.

Looking forward, eagerly and hopefully, to Bogleheads XV. Best, always,

Jack
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LiveSimple
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Re: BOGLEHEADS XIV !

Post by LiveSimple »

Thank you Mr. Bogle !
Last edited by LiveSimple on Tue Oct 20, 2015 12:31 pm, edited 1 time in total.
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Re: BOGLEHEADS XIV !

Post by oldzey »

Thank you, Mr. Bogle!
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Re: BOGLEHEADS XIV !

Post by Jazzman »

Thanks again, Mr Bogle. It was great talking with you. Thanks for taking a photo with me as well.
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Barry Barnitz
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by Barry Barnitz »

Hi:

This thread, as well as a link to the Bogle eblog entry that provides a link to the John Bogle slide presentation, are now documented in the wiki. Please see --->Bogleheads® Conferences - Bogleheads.

regards,
Additional administrative tasks: Financial Page bogleheads.org. blog; finiki the Canadian wiki; The Bogle Center for Financial Literacy site; La Guía Bogleheads® España site.
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by LadyGeek »

This thread is now in the Local Chapters and Bogleheads Community forum (Jack Bogle).

Mr. Bogle,

It was a pleasure to meet you again.

(I'm the one who was demonstrating the wiki.)
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VictoriaF
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by VictoriaF »

Dear Jack,

Thank you for creating an opportunity for regular people to survive Wall Street sharks.
Thank you for your indefatigable efforts to expose financial community's flaws and provide a superior alternative.
Thank you for being the impetus of the Bogleheads community.
Thank you for coming to our annual conferences.
And thank you for being a warm and witty human being, both revered and approachable.

See you in 2016,
Victoria
WINNER of the 2015 Boglehead Contest. | Every joke has a bit of a joke. ... The rest is the truth. (Marat F)
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Tortoise Banker
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by Tortoise Banker »

Thank you so much Mr. Bogle. You're a fantastic man.
The winning strategy is simple, but not easy...
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Mel Lindauer
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by Mel Lindauer »

Thank you, Jack, for honoring us with your presence once again at the 2015 Bogleheads Conference. Thank you, too, for all you've done (and continue to do) to make sure that investors get their fair share of the market's return.

Glad to hear that you liked the walking stick. Hopefully you'll use it in good health, remembering as you use it that you can lean on your Bogleheads and we'll support you. Since it doesn't have a handle, it shouldn't be mistaken for a cane.

Looking forward to seeing you next September at the 2016 Bogleheads Conference. In the meantime, be well.

Best regards,

Mel
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Miriam2
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by Miriam2 »

Dear Mr. Bogle!

Thank you so much for your wonderful presence at the conference. You are a special person.
Love your reference to Ben Franklin, the consummate entrepreneur.
I think Ben would be delighted to be in your company.

Miriam2
John Bogle, "The Twelve Pillars of [Financial] Wisdom"- Pillar 6: The Eternal Triangle. Risk, return & cost are the 3 sides of the eternal triangle of investing and are too powerful to ignore.
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by SGM »

Thanks Jack, I enjoyed seeing another of your presentations.
You are an inspiration to us all.
bondsr4me
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by bondsr4me »

Even though I wasn't able to make the "reunion", I have to say a hearty Thank You to you for all you have done for the investor.

Your honest approach to investment help for individuals is unsurpassed.

I will be retiring next year and I hope to make the reunion, meet you, and visit the VG campus.

Wishing you much good health!

Don
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by Raybo »

Having listened to Jack Bogle talk, banter, and answer questions, I can now understand how he was able to create a company that turned into Vanguard Investments.

The good guys have a way of creating lasting institutions.
No matter how long the hill, if you keep pedaling you'll eventually get up to the top.
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Kathleen Ryan
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by Kathleen Ryan »

Hi Mr. Bogle,

I'm sorry I missed this reunion and listening to your presentation, and seeing you again. Hopefully if our resident
videographers had a chance to record this, I will be able to see you again, and listen to your presentation.

You can be sure, I'm always watching for you when you appear on TV explaining the finer nuances of the stock market, and lend
a calming voice, to all the noise that so many are used to hearing. I also try to find as many articles about your speeches
and interviews, and post them at our Facebook Bogleheads site, along with my co-administrators there. Our mission is to reach
as many people as possible, to spread your philosophy of investing through well diversified, low cost, index funds to capture
what the market has to offer.

Again, thank you so much for taking the time to post about the 14th Annual Bogleheads Reunion. I know as in the past, a
wonderful time was had by all who were fortunate enough to attend. I will be reading what you posted at your site soon.

With best wishes to you always,

Kathleen Ryan

Hi Jazzman

I'm glad to know you attended this year, and hope to see the photo of Mr. Bogle and you.

With best wishes,
Kathleen
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by fortyofforty »

Ditto to all the above, Jack. You almost single-handedly allowed us "little guys" to get a fair deal in the rough-and-tumble stock market and save enough to (hopefully) retire in relative comfort. Thank you.
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siamond
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by siamond »

Ditto to all that was said by the other posters, and... thank you for posting this great presentation, I have been eagerly checking your Web site every few hours since the conference!
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stemikger
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by stemikger »

Thank you Mr. Bogle! You are an incredible inspiration! I wish I could have been there! I can't wait to see the slides!!
I am one of the little guys you fight for. Because of you, even people with modest means can invest and one day have Enough!!
Thank you from the bottom of my heart!!!
Last edited by stemikger on Thu Oct 22, 2015 12:36 am, edited 2 times in total.
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by gailcox »

Hello Mr. Bogle (Jack),

Thank you for all you do. Every year it is a delight and an honor to be able to attend the Bogleheads Conference and hear your calm words of wisdom. The mantra never gets old, rather it reinforces things when the 'noise' could make me falter! Like Kathleen, I'm constantly on the look out for you on TV so I can spread the words to my friends and family to watch, listen and learn.

Never did I think that 15 years ago in Miami at the Money Show and in Taylor Larimore's condo,when I first met you, that I would be so lucky to have been to every Conference except one. I consider myself fortunate to have caught on to the Boglehead philosophy of early saving and smart investing early on.

Thank you for all you do and all you continue to do!

I am already looking forward to Bogleheads 2016!

Gail
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by goingup »

Thanks for posting your slide presentation. Fantastic! Having seen your videos and interviews through the years I could nearly hear your baritone intonation. :)

For those who missed the reference, it's here. http://johncbogle.com/wordpress/
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by RadAudit »

Barry Barnitz wrote:Hi:

This thread, as well as a link to the Bogle eblog entry that provides a link to the John Bogle slide presentation, are now documented in the wiki. Please see --->Bogleheads® Conferences - Bogleheads.

regards,
Thanks for the link to the slide show. Good presentation - except maybe for the happy news of a 4.5% projected return for a 50 / 50 portfolio before inflation, fees, taxes and investor behavior over the next 10 years. But, I guess you have to call them as you see them. And it could be worse.
FI is the best revenge. LBYM. Invest the rest. Stay the course. Die anyway. - PS: The cavalry isn't coming, kids. You are on your own.
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by parsi1 »

Mr. Bogle thank you for Vanguard and for your tireless advice throughout the years.
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Wildebeest
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by Wildebeest »

I have such a great sense of gratitude to you.

I can still recall in 1970's, when as a teen, I decided to invest my money. My parents had only bonds and when I told my mother I wanted to put money in Shell Oil ( my father had died at an early age ). She told to go ahead and figure it out. I called a broker and told him that I wanted to buy one share of Shell Oil. It was $85 ( different currency but I hope I recall the story correctly) and then he told me that I would have to pay $ 40 in fees. I was astounded. I wanted to know if there was a volume discount. This was high way robbery and instead I put my money in CD's. I still recall the 11% interest rates in the late 70's and early 80's with happiness.

I did not invest in stocks till 1990 or so when I became aware of low expense Vanguard funds.

My spouse was amazed that I hold Jack Bogle is such high regard until we attended our first conference this year. (There are no other people who I feel as grateful to (other than my direct family)). I do believe that you have created path to financial security and indepence for many millions of people and have made our lifes so much happier.

If your revolution of Vanguard' s index funds had not happened, we would be in real estate and would have to monitor renters in properties, we would have bought at great leverage ( actual with the mortgage rates so low, I do have a slight pang as to how much leverage we could have gotten). Worse though it would have been hard work with lots frustration and much energy spent.
Now we are on auto pilot.

It was great to see you at the meeting and if anything I admire you more seeing you in person and witnessing how gracious you are.
The Golden Rule: One should treat others as one would like others to treat oneself.
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siamond
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by siamond »

Barry Barnitz wrote:Hi:

This thread, as well as a link to the Bogle eblog entry that provides a link to the John Bogle slide presentation, are now documented in the wiki. Please see --->Bogleheads® Conferences - Bogleheads.

regards,
In addition, the Wiki page about Expected Returns has been updated to include Jack's latest "reasonable expectations". See: Historical and expected returns.
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RevYoung
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by RevYoung »

Mr. Bogle,

Like nearly everyone else here, you have forever changed my life for the better. Although someone may be able to determine how much money you have saved investors over the years, your total impact on this world is incalculable.

It was an honor to be the first person to request that you sign an ebook of yours on an iPad. Thank you for graciously obliging and for all you have done.

Image
“For wisdom is a defence, and money is a defence: but the excellency of knowledge is, that wisdom giveth life to them that have it.”
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family_doc
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by family_doc »

Dear Bogleheads,

Here is a link to the pictures I took @ BH 2015. Enjoy! You may also access it via the Wiki, under "About the Bogleheads", upper right area...the Bogleheads Conferences...Bogleheads 14- Philadelphia...Picture Albums

https://picasaweb.google.com/1089817356 ... directlink

with kindest regards,

family_doc
Last edited by family_doc on Mon Oct 26, 2015 8:09 am, edited 1 time in total.
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RevYoung
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by RevYoung »

family_doc wrote:Dear Bogleheads,

Here is a link to the pictures I took @ BH 2015. Enjoy! You may also access it via the Wiki, under "About the Bogleheads", upper right area...the Bogleheads Conferences...Bogleheads 14- Philadelphia...Picture Albums

https://picasaweb.google.com/1089817356 ... directlink

with kindest regards,

family_doc
Wonderful photos! Thanks so much for not only taking them but sharing them as well. Makes me want to start preparing for next year already. :)
Last edited by RevYoung on Sun Oct 25, 2015 10:30 pm, edited 1 time in total.
“For wisdom is a defence, and money is a defence: but the excellency of knowledge is, that wisdom giveth life to them that have it.”
NOLA
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by NOLA »

Thank you sir! And thank you for posting.
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by LadyGeek »

Courtesy of Pongo, the wiki's main page has been updated with Jack Bogle's latest picture: Bogleheads wiki

Courtesy of family_doc, the Vanguard group photo is now in the wiki: The Bogleheads®
Wiki To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.
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stemikger
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by stemikger »

LadyGeek wrote:Courtesy of Pongo, the wiki's main page has been updated with Jack Bogle's latest picture: Bogleheads wiki

Courtesy of family_doc, the Vanguard group photo is now in the wiki: The Bogleheads®

Thank you Pongo and Family_doc. I enjoyed looking at the photos. :beer
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mancich
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Re: 2015 Bogleheads Conference Message from Jack Bogle

Post by mancich »

What a wonderful person. Thanks Mr Bogle for all you have done. You have brought a large measure of sanity to a sometimes insane investing world.
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