Three anecdotes about Jack Bogle stick in my memory.

In 1995, I had received an offer to leave my job as a mutual-funds editor to become a columnist at a personal-finance magazine. Unable to decide whether to take the offer, I did something I’ve never done before or since: I called a source to ask for career advice. After I described the job offer, Mr. Bogle asked why I was hesitating to accept it. “I’m afraid they might take my integrity away from me,” I said. He paused for a moment, then growled, “If they can take your integrity away from you, it’s not integrity.”

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