The Godfather of index investing, Mr John C. Bogle (commonly known as “Jack”) passed away on 16th January 2019. He was the founder of Vanguard, the company that makes index investing so accessible to everyday individuals like me and you!
He was recognised as one of the greatest investment figures in our generation. He gave up enormous amounts of wealth to make investing more accessible to the public and drove the narrative for long term index investing to the mainstream public.
My favourite quote of his is “stay the course”, which is basically telling people to continue on their path, regardless of good or bad outcomes because you know over the long run that it all pays off in the end.
He was sharp as a razor even to the very end – I was only just watching him speak on news interviews and sharing his thoughts on this most recent potential “recession” only a few weeks ago. I hope my mind is as clear and articulated when I am that age!
God Bless you Mr. Bogle and thank you for your contribution to this world.