A Thanksgiving to Remember: A Bit of Bogleheads History

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Mel Lindauer
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A Thanksgiving to Remember: A Bit of Bogleheads History

Post by Mel Lindauer » Tue Nov 21, 2017 11:06 pm

This was taken from a Forbes column I did some time ago. It tells the story of how it all got started with Jack Bogle. Hope you enjoy reading this bit of history and that each and every one of you have a very Happy Thanksgiving.

https://www.bogleheads.org/wiki/A_Thank ... o_Remember''

Best regards to all.

Mel

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Sandtrap
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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by Sandtrap » Wed Nov 22, 2017 12:54 am

Wonderful story.
Happy Thanksgiving to all.
mahalo,
j :D

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CollegePrudens
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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by CollegePrudens » Wed Nov 22, 2017 1:13 am

All I can say is WOW!
Live as if you were to die tomorrow; learn as if you were to live forever - Gandhi

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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by bondsr4me » Wed Nov 22, 2017 6:55 am

Thanks Mel.

I always enjoy reading this kinda good stuff.

Happy Thanksgiving to all you Bogleheads.

Don

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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by StevieG72 » Wed Nov 22, 2017 6:56 am

Great article!

Thanks for sharing.
Fools think their own way is right, but the wise listen to others.

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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by abuss368 » Wed Nov 22, 2017 8:52 am

Wonderful story and thank you for sharing.

Happy Thanksgiving!
John C. Bogle: "You simply do not need to put your money into 8 different mutual funds!" | | Disclosure: Three Fund Portfolio + U.S. & International REITs

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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by minesweep » Wed Nov 22, 2017 8:59 am

Despite having a complete novice with only one previous sailing experience (me), and two crewmates who were relatively new to sailing (Barbara and Kim), Taylor shaped us into a crew that got the job done. We were racing against teams where most or all of the crews had much more total experience than we had.

Most of the credit obviously goes to Taylor's vast experience and teaching ability (after all, he was the American Sailing Association 1992 Instructor of the Year) and his tactical skills in racing. However, Barbara and Kim made great contributions, too. We all just did whatever Taylor told us to do, and it worked out great!

The regatta consisted of three separate races. We won the first race, came in second in the second race, and ran away from the field in the third race to win both that race and the overall regatta!
This is akin to ordinary index mutual fund investors beating the seasoned mutual fund managers over time. :happy

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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by Mike Scott » Wed Nov 22, 2017 9:04 am

Many thanks to all of you who have made this possible. The resources and education so freely shared here have made an enormous difference to me and family.

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Mel Lindauer
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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by Mel Lindauer » Wed Nov 22, 2017 4:04 pm

CollegePrudens wrote:
Wed Nov 22, 2017 1:13 am
All I can say is WOW!
Me too! Still seems like a fairy tale.
Best Regards - Mel | | Semper Fi

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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by ebrasmus21 » Wed Nov 22, 2017 4:17 pm

What a story, thanks for sharing :sharebeer :sharebeer

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Taylor Larimore
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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by Taylor Larimore » Wed Nov 22, 2017 4:35 pm

Mel (and Bogleheads):

Thank you for posting your beautifully written Thanksgiving Story of our first Boglehead Reunion (now called "Conference") 18 years ago.

Happy Thanksgiving!

Taylor
"Simplicity is the master key to financial success." -- Jack Bogle

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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by abuss368 » Thu Nov 23, 2017 10:56 am

Everytime I read that story I enjoy it.

Happy Thanksgiving.
John C. Bogle: "You simply do not need to put your money into 8 different mutual funds!" | | Disclosure: Three Fund Portfolio + U.S. & International REITs

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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by Kalo » Thu Nov 23, 2017 11:17 am

I have not seen this story until today. I loved reading it. Really gets me in the holiday spirit. Great story!

Happy Thanksgiving to all my fellow Bogleheads!

Kalo
"When people say they have a high risk tolerance, what they really mean is that they are willing to make a lot of money." -- Ben Stein/Phil DeMuth - The Little Book of Bullet Proof Investing.

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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by songman52 » Thu Nov 23, 2017 12:06 pm

My first time seeing this story, too. Thanks so much for all the Boglehead and for the story. Happy Thanksgiving to all!

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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by baconavocado » Thu Nov 23, 2017 12:15 pm

Great story! Thanks for posting this.

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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by Jazzman » Thu Nov 23, 2017 12:28 pm

Thanks for posting this article, Mel. Each time I read it I am amazed. Happy Thanksgiving!
Jesse

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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by Longtermgrowth » Thu Nov 23, 2017 4:27 pm

I really enjoyed reading this, thank you for sharing. Happy Thanksgiving everyone!

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Mel Lindauer
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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by Mel Lindauer » Thu Nov 23, 2017 4:35 pm

Jazzman wrote:
Thu Nov 23, 2017 12:28 pm
Thanks for posting this article, Mel. Each time I read it I am amazed. Happy Thanksgiving!
Jesse
And a very Happy Thanksgiving to your and yours, Jesse. Always enjoy seeing your smiling face at our annual Conferences. Hope to see you again next year.
Best Regards - Mel | | Semper Fi

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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by dwickenh » Thu Nov 23, 2017 4:48 pm

Thanks for posting Mel, and thanks for signing the book for me at the conference. I really enjoyed listening to your stories concerning your own history.

Happy Thanksgiving and best to you,

Dan
The market is the most efficient mechanism anywhere in the world for transferring wealth from impatient people to patient people.” | — Warren Buffett

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Mel Lindauer
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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by Mel Lindauer » Thu Nov 23, 2017 5:01 pm

dwickenh wrote:
Thu Nov 23, 2017 4:48 pm
Thanks for posting Mel, and thanks for signing the book for me at the conference. I really enjoyed listening to your stories concerning your own history.

Happy Thanksgiving and best to you,

Dan
My pleasure, Dan. Always enjoying talking with others about investing, including all the mistakes I made in my early days and what I later learned to be the right path to financial freedom.

If what I say or write helps others, I've accomplished my goal. Hearing from folks who say that I've helped them in some way certainly makes it all worthwhile. It's pretty heady stuff knowing you've had a positive impact on someone's life.
Best Regards - Mel | | Semper Fi

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Re: A Thanksgiving to Remember: A Bit of Bogleheads History

Post by JMacDonald » Thu Nov 23, 2017 5:16 pm

Taylor Larimore wrote:
Wed Nov 22, 2017 4:35 pm
Mel (and Bogleheads):

Thank you for posting your beautifully written Thanksgiving Story of our first Boglehead Reunion (now called "Conference") 18 years ago.

Happy Thanksgiving!

Taylor
18 years, how time flies. I joined the Diehard's site just before that dinner. I remember Jack's post. Jack had given a speech at a Los Angeles Times Financial Conference earlier in the year. I managed to get him to sign his first two books at the time. it is amazing what good has come out of that dinner, and kudos to all the great people who have made this site happen.
Best Wishes, | Joe

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