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"Jack Bogle has done probably more for the American investor than anyone in the country. I estimate that Jack, at a minimum, has saved without hurting them overall in terms of performance, gross performance, he’s put tens, and tens, and tens, of billions into their pockets." WB
How much money did Jack Bogle leave or put in your pocket? That Vanguard exists as an entity owned by its members is a miracle. He has been a force for lower fees. My blog post on Bogle is five years old but why change what is still true? RIP Jack Bogle. google.com/amp/s/25iq.com…
"As a group, investors are by definition indexers. (That is, they own the entire market.) So indexing wins, not because markets are efficient (sometimes they are, sometimes they are not), but because its all-in annual costs amount to as little as 0.1% to 0.2%." John Bogle
