American investors have lost the fiercest advocate they may have ever had.
John Clifton Bogle, founder of Vanguard Group and a crusader for investors’ rights for more than three decades, died in Bryn Mawr, Pa., on Wednesday at age 89. The cause of death was cancer, said Mr. Bogle’s assistant, Michael Nolan.
“If all investors had heeded his ideas, they would be hundreds of billions of dollars better off than they are now,” financier Warren Buffett told The Wall Street Journal in 2009.
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This article was originally published on The Wall Street Journal.
Further reading
John C. Bogle, Common Sense on Mutual Funds
Benjamin Graham, The Intelligent Investor
Jason Zweig, The Devil’s Financial Dictionary
Jason Zweig, Your Money and Your Brain
Jason Zweig, The Little Book of Safe Money
Bogle: Still Scolding After All These Years
A Golden Oldie: The Bogleheads