John Bogle, the founder of the Vanguard Group who revolutionized investing by inventing the index fund, a product that gave Main Street investors a cheap way to gain…
John Bogle, the founder of the Vanguard Group who revolutionized investing by inventing the index fund, a product that gave Main Street investors a cheap way to gain broad exposure to the stock market, has died. He was 89.
Often dubbed the “father of index investing,” Bogle — a champion of the individual investor — was the driving force behind the shift away from a beat-the-market mentality and high-cost funds run by stock pickers that have reshaped the industry.
