How John Bogle changed my life… and yours too!
Paul Merriman
English - January 22, 2019 11:00 - 21 MB - ★★★★★ - 443 ratingsInvesting Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
With the passing of 89-year-old John Bogle, many writers who have covered Bogle’s work wrote thoughtfully about his life and the impact as the creator of the first index mutual fund. For 10 years, Tom Cock, Don McDonald and I interviewed him annually on our “Sound Investing” radio show on KVI in Seattle Washington. …
With the passing of 89-year-old John Bogle, many writers who have covered Bogle’s work wrote thoughtfully about his life and the impact as the creator of the first index mutual fund. For 10 years, Tom Cock, Don McDonald and I interviewed him annually on our “Sound Investing” radio show on KVI in Seattle Washington. It was interesting how his views regarding asset allocation changed during those years.
On this podcast I recall some of the relevant history of his business activities in the mutual fund industry, as well as 10 ways index funds have had an impact on your investments. While everyone knows about the long-term advantages of low expenses, there are other reasons, some rarely discussed, why I think index funds have made you wealthier while giving you more peace of mind. Finally, I discuss the impact John Bogle had on the work I am doing to help investors build more productive portfolios.
In the first part of the podcast I quote liberally from two articles by Jason Zweig, a Wall Street Journal columnist who started interviewing John in 1993. You may find some of what he writes surprising.
https://www.wsj.com/articles/john-c-bogle-founder-of-vanguard-group-dies-11547677745
https://www.wsj.com/articles/what-drove-jack-bogle-to-upend-investing-11547812810