The Money Mustache Community
Learning, Sharing, and Teaching => Investor Alley => Topic started by: ILikeDividends on January 16, 2019, 03:32:24 PM
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Subject says it all.
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Nobody else in our lifetimes has made investing so easy for the average person. I'll take the market average all day long thanks to Jack. May there be many more who follow his ethics.
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Jack Bogle changed millions of people's lives. This is truly a big loss for the world.
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He changed the world for the better.
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I crossed a topic with yours and will put the link here so we don't have duplicate threads. I asked Mods to delete mine.
http://www.philly.com/business/a/john-bogle-dead-vanguard-obituary-20190116.html
That's a really good write up. I had no idea about all of the heart trouble. Making it to 89 after multiple heart attacks and 3 pacemakers is crazy! What a guy!
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SEC should close the market tomorrow. I just finished his last book, “Stay the Course”. He was still working so hard for the individual investor.
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Awe... world has lost quite a champion for the little guy :(
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If only we could all have such a large positive impact on the world! Rest in Peace, sir!
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He truly left the world a better place than he found it. We all owe him so much!
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Warren Buffet comments: "A lot of Wall Street is devoted to charging a lot for nothing. He [Jack Bogle] charged nothing to accomplish a huge amount."
https://www.cnbc.com/2019/01/16/warren-buffett-says-jack-bogle-did-more-for-the-individual-investor-than-anyone-hes-ever-known.html
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Saw the news and logged in to echo this sentiment. Looks like bogleheads.org is down. RIP
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He's the reason I'm FIRE'd. And I'd be a lot richer still if I'd gone whole hog on Index Funds rather than farting around with regular stocks. Even when those stocks included Berkshire, Google, Apple, etc.
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RIP John Bogle! Champion of the little/common investor.
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What a truly awesome guy in the corrupt world of finance. He saved Americans hundreds of billions of dollars, truly a man of the people. He deserves the American Medal of Freedom for what he has saved investors. Glad he maintained his great mind and wit through all his years, he was still putting out prolific articles as recently as last month.
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Truly a great man, an intelligent man, but most of all a kind and compassionate man to care so much about so many. I am so grateful for his efforts in helping us common folk.
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He was a great man and helped so many people achieve financial success and security. I read that he he gave half his salary to charity.
https://www.nytimes.com/2019/01/16/obituaries/john-bogle-vanguard-dead.html
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Legend.
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I'm not one to worship others. But I find Bogle's humility in his investing philosophy, which has been inspiring to many, to be admirable. Especially in an age where many love to brag on one's own "investments" and the culture of Wall St.
For Mr. Bogle to even shift Wall St and other brokerages towards indexing, he's done a massive service for many. Thanks John!
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RIP in Peace
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He is probably the most influential person when it comes to obtaining FI for the vast majority of people. An absolute champion.
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:(
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:( I just started reading one of his book's the day before yesterday. Hard to believe he just died. RIP, you've made the world a better place.
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Subject says it all.
The influence of this man is gigantic. An equalizer for the common man in the world of finance.
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I forget to whom this quote should be attributed, but I saw him called "The greatest undercover philanthropist in history". RIP Sir.
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I feel like we just lost a modern day Robin Hood - he redistributed so much wealth while facing a lifetime of challenges, in his career and also from a health perspective. What a legend.
Bogleheads is back up with a 14 page thread on the topic.
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Vanguard video tribute to Jack Bogle. (6 minutes, 11 seconds)
https://about.vanguard.com/who-we-are/a-remarkable-history/founder-Jack-Bogle-tribute/
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Sad day.... I know I should not be surprised but not one person that I work with even knows who he is (was). I mentioned his passing to several people and just got weird looks.
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It's the public death I took most personally since Leonard Nimoy.
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A life well lived.
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Sad day.... I know I should not be surprised but not one person that I work with even knows who he is (was). I mentioned his passing to several people and just got weird looks.
I’m not too surprised by that. Most people, even if they invest through their 401k, don’t actually pay attention to the details of what they are buying let alone the person who created the type of fund they are using. It’s insane how people will throw money at an investment without actually understanding it. I guess it’s better that they are investing rather than not saving for the future. The problem with that is being ignorant makes them easy targets for fund companies and money “managers” who will funnel their money into high fee funds.
I was sad to see Bogle pass, but he had a good run. I appreciated his clear and concise thinking on investing. He really helped me cut through a lot of the bullshit that most financial services companies push. I also appreciated his sense of humor, his humility, his sense of enough, and everything he did to improve the chances of success for small investors and the average joe trying to save for retirement. I think he left the world a better place than he found it.
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It's the public death I took most personally since Leonard Nimoy.
I was thinking about counter- examples, but could not come up with any.
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Thank you Bogle for everything you did.
I believe one of my favorite quotes about him was, "Bogle could have made billions, instead he made a difference."
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Here here. I am grateful for the difference he has made to myself and my husband and countless others. Thanks Jack.