Key Takeaways
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John (Jack) Bogle, founder of Vanguard, one of the largest investment management firms in the world, was known for his practical personal finance advice for everyday investors.
As the creator of the index fund in the 1970s, Bogle was a strong advocate of low-cost index investing and warned against what he considered speculative investments, such as gold and bitcoin. Bogle, who died in 2019, still has a legion of fans known as Bogleheads who promote and adhere to his investment philosophy.
The principles that Bogle articulated decades ago remain relevant today. These are just three of his timeless principles.
