Vanguard’s Founder: A Force of Nature

>Image Credit: J.M.W. Turner, “Sea View” (ca. 1826), Scottish National Gallery
Always aware of his congenital heart disease, never knowing which day would be his last, Jack Bogle drove himself—and his subordinates—hard.

“If there was a job to be done, then that is what I would think about, going through life with blinders on,” he told me in 2007. “You can look ahead, but you have no peripheral vision. That focus is an unbelievable asset when you’re confronted with a life-threatening disease, and it was also terrific for a kid who was determined to succeed in business.”

He added, “It’s amazing how easy life becomes when you realize that your job is not to deal with what might have been but with what is.”…

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This article was originally published on The Wall Street Journal.


Further reading

Benjamin Graham, The Intelligent Investor