The Investment Gospel According to Jack Bogle: “Don’t look for the needle in a haystack. Just buy the haystack.” Does that mean buy, sell or hold — stocks, bonds or gold?
Watch this discussion with John C. Bogle, who founded The Vanguard Group in 1974, served as its chairman and CEO until 1996 and senior chairman until 2000. Fortune magazine named him one of the investment industry’s four “Giants of the 20th Century.” TIME magazine cited him as one of the world’s 100 most powerful and influential people.
Aspen Wye Fellow and Moderator Alan Griffith, left, and Judy Price, Manager, Aspen Wye River campus, right, confer with Jack Bogle before his presentation.
Known for his straight talk on Common Sense Investing, and for having invented the Index Mutual Fund, Jack Bogle built Vanguard to be the world’s largest mutual fund organization, representing 170 funds with current assets totaling more than $2 trillion. He has written 10 books, received honorary degrees from 14 universities, served on many important commissions and boards, received countless honors, and to tally changed the face of investing in the world.
