A Tribute to St. Jack

The investing world lost one of its luminaries today with the passing of the legendary John Bogle, the founder of Vanguard and a pioneer of bringing low-cost index investing to ordinary investors. When he started Vanguard in 1975 with a revolutionary idea that an investment company should be owned by its investors, Bogle met fierce resistance with aspersions cast such as “Bogle’s Folly.” Nevertheless, he persisted, and thankfully so. Here are some of our favorite quotes from St. Jack.

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