John C. Bogle
John Clifton "Jack" Bogle (May 8, 1929 – January 16, 2019) was an American investor, business magnate, and philanthropist. He was the founder and chief executive of The Vanguard Group, and is credited with creating the first index fund. An avid investor and money manager himself, he preached investment over speculation, long-term patience over short-term action, and reducing broker fees as much as possible. The ideal investment vehicle for Bogle was a low-cost index fund held over a period of a lifetime with dividends reinvested and purchased with dollar cost averaging.
His 1999 book Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor became a bestseller and is considered a classic within the investment community.
The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns
The founder and former chairman of Vanguard shares his thoughts on how and how not to invest. Bogle is hoping for an Index Fund Revolution, in which an increasing number of investors will make the safest bet by owning stock in all the most successful companies. He argues that this is a simple win-win solution that people overlook for the more exciting and dynamic, but ultimately less profitable, option of stock trading or even mutual funds.
Bio information sourced from Wikipedia
