The Bogle Effect

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.