Jack Bogle has died

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Ad Orientem
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Jack Bogle has died

Post by Ad Orientem » Wed Jan 16, 2019 5:09 pm

An incredible man and a giant in the financial services industry. Truly the conscience of Wall Street.

Memory eternal!
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Re: Jack Bogle has died

Post by dualstow » Wed Jan 16, 2019 10:08 pm

My investing hero.
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Re: Jack Bogle has died

Post by Xan » Wed Jan 16, 2019 10:24 pm

Some Tweet I saw somewhere but can no longer find pointed out that Bogle created a nonprofit with some 5 trillion dollars under management. The amount of money that is with retirees rather than in Bogle's pockets is staggering, making him one of the greatest "stealth philanthopers" of all time.
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Re: Jack Bogle has died

Post by dualstow » Thu Jan 17, 2019 4:50 am

I like it. I like to think of Vanguard as a co-op,
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Re: Jack Bogle has died

Post by Mountaineer » Thu Jan 17, 2019 6:25 am

I only met him one time. He was a true gentleman, a rarity and getting rarer.
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Re: Jack Bogle has died

Post by WiseOne » Thu Jan 17, 2019 7:16 am

That must have been a meeting never to be forgotten, Mountaineer.

He was a truly amazing man, and one of the great role models of our time. It's hard not to contrast his outlook and contributions with that of people in supposedly more philanthropic professions than Wall Street finance.
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Re: Jack Bogle has died

Post by dualstow » Thu Jan 17, 2019 9:06 am

Tell us about it, Mountaineer!
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Re: Jack Bogle has died

Post by Mountaineer » Thu Jan 17, 2019 9:14 am

dualstow wrote:
Thu Jan 17, 2019 9:06 am
Tell us about it, Mountaineer!
I met Mr. Bogle at a Boglehead conference in Valley Forge, PA several years ago. I observed him graciously signing his books and briefly chatting with all who came by his table. He was completely humble and unpretentious, a rarity for one so well off and so highly regarded. I subsequently toured the Vanguard facility; everyone I met held him in very high regard.
DNA has its own language (code), and language requires intelligence. There is no known mechanism by which matter can give birth to information, let alone language. It is unreasonable to believe the world could have happened by chance.
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Re: Jack Bogle has died

Post by jacksonM » Thu Jan 17, 2019 9:33 am

I only know of him from a few Youtube videos. What I remember most is being impressed by how mentally sharp he still was for a man his age and I found that encouraging.
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Re: Jack Bogle has died

Post by dualstow » Thu Jan 17, 2019 11:14 am

First heart attack at 31. His doctors didn't think he'd make it to 40.

Very nice, Mountaineer.
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Re: Jack Bogle has died

Post by Kriegsspiel » Thu Jan 17, 2019 11:32 am

Xan wrote:
Wed Jan 16, 2019 10:24 pm
Some Tweet I saw somewhere but can no longer find pointed out that Bogle created a nonprofit with some 5 trillion dollars under management. The amount of money that is with retirees rather than in Bogle's pockets is staggering, making him one of the greatest "stealth philanthopers" of all time.
You know, that's a really interesting thought.
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Re: Jack Bogle has died

Post by dualstow » Thu Jan 17, 2019 11:52 am

Xan wrote:
Wed Jan 16, 2019 10:24 pm
Some Tweet I saw somewhere but can no longer find pointed out that Bogle created a nonprofit with some 5 trillion dollars under management. The amount of money that is with retirees rather than in Bogle's pockets is staggering, making him one of the greatest "stealth philanthopers" of all time.
Kriegsspiel wrote:
Thu Jan 17, 2019 11:32 am
You know, that's a really interesting thought.


EDITED:

Morgan Housel?
https://twitter.com/morganhousel/status ... 3259600896
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Re: Jack Bogle has died

Post by Kriegsspiel » Thu Jan 17, 2019 12:22 pm

Oh, that makes sense. Morgan Housel is an interesting thought factory.
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Re: Jack Bogle has died

Post by Xan » Thu Jan 17, 2019 1:10 pm

Nice find, Dualstow. That's it, of course.
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Re: Jack Bogle has died

Post by jhogue » Thu Jan 17, 2019 1:19 pm

In an era that so often seemed to be defined by financial crooks, thieves, con men, and charlatans is it not simply amazing that one honest man could do so much good for so many?
“Groucho Marx wrote:
A stock trader asked him, "Groucho, where do you put all your money?" Groucho was said to have replied, "In Treasury bonds", and the trader said, "You can't make much money on those." Groucho said, "You can if you have enough of them!"
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Re: Jack Bogle has died

Post by dualstow » Thu Jan 17, 2019 2:24 pm

jhogue wrote:
Thu Jan 17, 2019 1:19 pm
In an era that so often seemed to be defined by financial crooks, thieves, con men, and charlatans is it not simply amazing that one honest man could do so much good for so many?
Well, all I did was repost it- oh, right. Mr Bogle.
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Re: Jack Bogle has died

Post by Xan » Thu Jan 17, 2019 5:32 pm

dualstow wrote:
Thu Jan 17, 2019 2:24 pm
jhogue wrote:
Thu Jan 17, 2019 1:19 pm
In an era that so often seemed to be defined by financial crooks, thieves, con men, and charlatans is it not simply amazing that one honest man could do so much good for so many?
Well, all I did was repost it- oh, right. Mr Bogle.
LOL!
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Re: Jack Bogle has died

Post by Maddy » Thu Jan 24, 2019 10:24 am

Did you know this about John Bogle?

John Bogle on Quaker values
https://www.youtube.com/watch?list=PL-r ... g12PVgxKOw
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