Financial Samurai - Forums

General Investing => Stocks And Index Funds => Topic started by: Nigel on January 16, 2019, 05:43:35 PM

Title: John Bogle - RIP
Post by: Nigel on January 16, 2019, 05:43:35 PM
I certainly wouldn’t have achieved FI with the same level of serenity without index funds.  RIP Mr Bogle and thanks.
Title: Re: John Bogle - RIP
Post by: Sydney on January 16, 2019, 11:12:49 PM
Yes, sad to see such a legend pass. I remember having an assignment on writing about his accomplishments once. I didn't realize he had cancer and so many heart troubles. RIP and thank you too
Title: Re: John Bogle - RIP
Post by: Fat Tony on January 16, 2019, 11:31:28 PM
Rest in peace. Some choice quotes:

"In investing, you get what you don't pay for"

"The mutual fund industry has been built, in a sense, on witchcraft."

"It’s amazing how difficult it is for a man to understand something if he’s paid a small fortune not to understand it."

"Don't look for the needle in the haystack. Just buy the haystack."
Title: Re: John Bogle - RIP
Post by: Dario33 on January 21, 2019, 06:00:38 AM
Thanks for sharing a few of Bogle's quotes.  Was always partial to the first and last one - as I've repeated both on different occasions.

RIP Mr. Bogle.
Title: Re: John Bogle - RIP
Post by: Young And The Invested on March 09, 2019, 03:38:52 AM
I've commonly referenced those quotes as well.  I heard in a podcast that he did more for the individual investor than anyone in history.  It made me pause to think, but I'm not sure of anyone else I could name as competition.
Title: Re: John Bogle - RIP
Post by: My Money Wizard on May 08, 2019, 08:35:32 AM
RIP Bogle. I'll leave Warren Buffet's comments on Bogle here. From Berkshire's 2016 Letter to Shareholders:

“If a statue is ever erected to honor the person who has done the most for American investors, the hands-down choice should be Jack Bogle. For decades, Jack has urged investors to invest in ultra-low-cost index funds. In his crusade, he amassed only a tiny percentage of the wealth that has typically flowed to managers who have promised their investors large rewards while delivering them nothing – or, as in our bet, less than nothing – of added value.

In his early years, Jack was frequently mocked by the investment-management industry. Today, however, he has the satisfaction of knowing that he helped millions of investors realize far better returns on their savings than they otherwise would have earned. He is a hero to them and to me.” - Warren Buffett, 2016