John C. Bogle Quotes


The driving force of any profession includes not only the special knowledge, skills and standards that it demands, but the duty to serve responsibly, selflessly and wisely, and to establish an inherently ethical relationship between professionals and society.


Citations

Bogle, John C. The Battle for the Soul of Capitalism. Yale University Press, 2005.

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  • Born: May 8, 1929
  • Died: January 16, 2019
  • Nationality: American
  • Profession: Investor, Business Magnate, Philanthropist

John Clifton "Jack" Bogle 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.