Kinnel: No One Has Done More For Investors Than Bogle
Both a mutually owned fund company and indexc funds might have been mere niche players in the industry had Bogle not stayed the course.
Vanguard founder Jack Bogle died today at the age of 89.
I can't think of anyone who has done more for investors than Bogle. A mutually owned fund company that would charge only at costs for investors was revolutionary. Index funds, pioneered by Bogle, were revolutionary.