Jack Bogle - AshokBhat/investing GitHub Wiki

About

  • Jack Bogle (1929 – 2019) (Age 89)
  • American investor, business magnate, and philanthropist
  • Founder and chief executive of The Vanguard Group
  • Credited with creating the first index fund

Philosophy

Eight basic rules for investors

  1. Select low-cost funds
  2. Consider carefully the added costs of advice
  3. Do not overrate past fund performance
  4. Use past performance to determine consistency and risk
  5. Beware of stars (as in, star mutual fund managers)
  6. Beware of asset size
  7. Don't own too many funds
  8. Buy your fund portfolio – and hold it

Idea investment

  • A low-cost index fund held over a period of a lifetime with the reinvestment of dividends and dollar-cost averaging.

Books

  • Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor
    • A bestseller
    • Considered a classic within the investment community

See also