John Bogle

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John Clifton ("Jack") Bogle (b. May 8, 1929 in Verona, New Jersey)^[1] is the founder and retired CEO of The Vanguard Group. He attended Blair Academy on a full scholarship, earned his undergraduate degree from Princeton University in 1951, and attended evening and weekend classes at the University of Pennsylvania. Upon graduation he went to work for Walter L. Morgan at Wellington Management Company.

After a distinguished career culminating with the position of chairman at Wellington, he founded Vanguard in 1974. Under his leadership, the company grew to be the second largest mutual fund company in the world.

His awards and distinctions include:

• named as one of the "world’s 100 most powerful and influential people" by Time magazine in 2004
• Institutional Investor's Lifetime Achievement Award (2004)
• named one of the investment industry’s four “Giants of the 20 th Century”by Fortune magazine in 1999
• the Woodrow Wilson Award from Princeton University for “distinguished achievement in the Nation’s service” (1999)

He continues to be active in The Vanguard Group.

Bogle is famous for his insistence, in numerous media appearances and in writing, on the superiority of index funds over traditional actively-managed mutual funds.

On his popular ABC radio show Moneytalk, Bob Brinker frequently touts Bogle's philosophies on investing and recommends his books, particularly Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor.

Bogle and his wife Eve had six children and are grandparents. They reside in Bryn Mawr, Pennsylvania.

[edit] Books

• The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Wiley, 2007), ISBN 978-0-470-10210-7
• Bogle on Mutual Funds: New Perspectives for the Intelligent Investor (McGraw-Hill, 1993), ISBN 1-55623-860-6
• Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor (John Wiley & Sons, 1999), ISBN 0-471-39228-6
• John Bogle on Investing: The First 50 Years (McGraw-Hill, 2000), ISBN 0-07-136438-2
• Character Counts: The Creation and Building of The Vanguard Group (McGraw-Hill, 2002) ISBN 0-07-139115-0
• The Battle for the Soul of Capitalism (Yale University Press, 2005), ISBN 0-300-10990-3

[edit] External links

• John Bogle's Blog Site
• Biography at Bogle Financial Markets Research Center
• Remarks before the Harvard Club of Boston, January 14, 2003
• Venture Voice podcast interview, February 23, 2006
• "Books of Our Time" interview with John Bogle, January 2007

[edit] References