#15552
Mentioned in 9 episodes
The Bogle Effect
How John Bogle and Vanguard Turned Wall Street Inside Out and Saved Investors Trillions
Book • 2022
The Bogle Effect delves into the impact of John Bogle and Vanguard on the financial industry.
Bogle's radical idea in 1975 to make investors the owners of his new fund company led to a virtuous cycle of lowering costs, which ultimately saved investors trillions of dollars.
The book explores how Bogle's innovations extended beyond index funds into areas such as active management, ETFs, the advisory world, quantitative investing, ESG, behavioral finance, and trading platforms.
It also examines why no other fund provider has replicated Vanguard's mutual ownership structure and highlights Bogle's unique character and influence on the industry.
Bogle's radical idea in 1975 to make investors the owners of his new fund company led to a virtuous cycle of lowering costs, which ultimately saved investors trillions of dollars.
The book explores how Bogle's innovations extended beyond index funds into areas such as active management, ETFs, the advisory world, quantitative investing, ESG, behavioral finance, and trading platforms.
It also examines why no other fund provider has replicated Vanguard's mutual ownership structure and highlights Bogle's unique character and influence on the industry.
Mentioned by
Mentioned in 9 episodes
Mentioned by Jon Luskin as one of the speakers at the Bogleheads conference and author of "The Bogle Effect".
Dr. William J. Bernstein on investing simplicity
Recommended by Michael Batnick after reading it on a plane ride; he describes it as a biography of Jack Bogle and a tribute to him, calling Bogle a saint and recommending it highly.
Is this a bear market? (EP.255)
