Vanguard - The 8 Trillion Dollar Financial Empire | 2023 Documentary

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  • Опубликовано: 23 сен 2024
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    After being unceremoniously let go, Jack Bogle sets out to create a financial empire, unlike anything the world has ever seen. With unwavering determination, he builds Vanguard - a revolutionary company that defies convention and manages a staggering $7 trillion in assets, solidifying its place as America's premier financial superpower.
    𝐈𝐟 𝐲𝐨𝐮 𝐡𝐚𝐭𝐞 𝐕𝐚𝐧𝐠𝐮𝐚𝐫𝐝, 𝐬𝐢𝐠𝐧 𝐮𝐩 𝐟𝐨𝐫 𝐖𝐞𝐁𝐮𝐥𝐥 𝐢𝐧𝐬𝐭𝐞𝐚𝐝 😂 - a.webull.com/i...
    For the tales too epic for RUclips, meet me over on Patreon - / finaius
    𝐁𝐨𝐨𝐤s -
    📘John Bogle and the Vanguard Experiment (amzn.to/3Z1dei7)
    📘The Bogle Effect (amzn.to/3Xuf09X)
    📘John C. Bogle Investment Classics (amzn.to/3RPjOWp)
    📘Enough: True Measures of Money, Business, and Life (amzn.to/40Pi1Vd)
    🎶𝐌𝐮𝐬𝐢𝐜 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐯𝐢𝐝𝐞𝐨 - open.spotify.c...
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    #JackBogle
    𝐒𝐞𝐞 𝐢𝐦𝐩𝐨𝐫𝐭𝐚𝐧𝐭 𝐌𝐚𝐬𝐭𝐞𝐫𝐰𝐨𝐫𝐤𝐬 𝐝𝐢𝐬𝐜𝐥𝐨𝐬𝐮𝐫𝐞𝐬: www.masterwork...

Комментарии • 1 тыс.

  • @Finaius
    @Finaius  Год назад +508

    Jack Bogle is a true hero. Watch till the end for a tribute.

    • @243wayne1
      @243wayne1 Год назад +10

      Been waiting for THIS one! Great job! Thank you for another fine production. Great tribute as well.

    • @PascalH9191
      @PascalH9191 Год назад

      Fidelity’s mutual funds are still cheaper than Vanguard’s! The cheapest Vanguard mutual fund minimum investment is $1000 and that is for target date funds! Vanguard’s S&P 500 mutual fund: VFIAX requires $3,000 mean while Fidelity’s FXAIX is a cheaper alternative without a minimum investment!
      Mutual Fund: Fidelity
      ETFs: Vanguard

    • @243wayne1
      @243wayne1 Год назад +3

      @@PascalH9191 Settle down...

    • @mojojojo2647
      @mojojojo2647 Год назад +6

      Bogle was outed. They JFK'd him because he fought for the little guy. Real hero indeed.

    • @leepialong
      @leepialong Год назад +3

      @@mojojojo2647 and might as well blame it on Clinton.

  • @RobertBrown..
    @RobertBrown.. 4 дня назад +452

    I feel investors should be focusing on under-the-radar stocks, and considering the current rollercoaster nature of the stock market, Because 35% of my $270k portfolio comprises of plummeting stocks which were once revered and i don't know where to go here out of devastation.

    • @Bako-b8j
      @Bako-b8j 4 дня назад +2

      I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

    • @Bridget-l7p
      @Bridget-l7p 4 дня назад +1

      True. My portfolio was diversified across several markets with the help of a financial planner, and were able to achieve over a million in net profit among high dividend yield equities, ETFs, and bonds. It is vital that you have a variety of exposure, including in firms that are currently generating cash flows.

    • @DavidLucas-so8rr
      @DavidLucas-so8rr 4 дня назад +1

      This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation

    • @Bridget-l7p
      @Bridget-l7p 4 дня назад +1

      'Laurelyn Gross Pohlmeier' a highly respected figure in her field. I suggest delving deeper into her credentials, as she possesses extensive experience and serves as a valuable resource for individuals seeking guidance in navigating the financial market.

    • @trazzpalmer3199
      @trazzpalmer3199 4 дня назад +1

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @claire4974
    @claire4974 Год назад +1104

    I worked at Vanguard for 9 years and met Jack Bogle several times. He was incredibly kind and humble. He would come to retirement parties for crew members and spend time talking to all employees. He was such a classy noble man. There are many on Wall Street who would of taken advantage of the average working class professional if it were not for Jack Bogle.

    • @davidpowell3347
      @davidpowell3347 Год назад +13

      Did you see Walter Morgan there?

    • @claire4974
      @claire4974 Год назад +21

      @@davidpowell3347 if I did I had no idea who he was… if he was there in 2005 then perhaps I walked by him in some building..

    • @abiyefortune8753
      @abiyefortune8753 Год назад +8

      Is he's name John bogle or jack bogle?

    • @davidpowell3347
      @davidpowell3347 Год назад +19

      @@abiyefortune8753 He went informally as Jack,his formal name was John Clifton Bogle.

    • @laaaliiiluuu
      @laaaliiiluuu Год назад +32

      Was he genuinely nice though or just playing an act because he knew that he could fool people like you believing that he was a good guy? As the saying goes: The best way to fool people is to help them.

  • @BrunoMota90
    @BrunoMota90 24 дня назад +408

    I think investors should always put their cash to work, especially In 2024, we'll start to see more market diversification. I'm hoping to invest about $350k of my savings in stocks against next year. Hope to make millions in 2024.

    • @MayelaMurillo8
      @MayelaMurillo8 24 дня назад

      Since risk is at an all-time high right now, perhaps you should be a little more patient and return when it has decreased. Alternatively, you can consult a trained financial expert for strategy.

    • @MuyangHappy
      @MuyangHappy 24 дня назад

      Yes true, I have been in touch with a brokerage Advisor. With an initial starting reserve of $80k, my advisor chooses the entry and exit commands for my portfolio, which has grown to approximately $550k.

    • @MayHuang3
      @MayHuang3 24 дня назад

      I’ve been looking to switch to an advisor for a while now. Any help pointing me to who your advisor is?

    • @MuyangHappy
      @MuyangHappy 24 дня назад

      NICOLE ANASTASIA PLUMLEE' is her name. She is regarded as a genius in her area and works for Empower Financial Services. She’s quite known in her field, look-her up.

    • @MayHuang3
      @MayHuang3 24 дня назад

      Thank you for the lead. I searched her up, and I have sent her an email. I hope she gets back to me soon.

  • @kevindiaz-lane4404
    @kevindiaz-lane4404 5 месяцев назад +10

    Vanguard and Blackrock - “I am become death - the destroyer of worlds”
    Wolves in sheep’s clothing

  • @thatisabsolutelykooooge2211
    @thatisabsolutelykooooge2211 Год назад +134

    How is no one talking about how energetic and sharp he was at such an old age. Wow. If I closed my eyes and heard him talk I would think he’s in his mid 30’s just to open my eyes and see that he looked Iike he was 90 years old

    • @rickiesmith413
      @rickiesmith413 Год назад +9

      I agree

    • @ragnarok283
      @ragnarok283 Год назад +15

      Crazy because he looks 120 years old but sounds like he's 40 lol

    • @theoracle6881
      @theoracle6881 Год назад +7

      He got his heart from a 30 year old.

    • @jenniferfreeman2776
      @jenniferfreeman2776 Год назад +4

      @@theoracle6881 he could have afforded a 10 yr olds he just shopped bargains…..

    • @theoracle6881
      @theoracle6881 Год назад +3

      @@jenniferfreeman2776 😂

  • @NotKimiRaikkonen
    @NotKimiRaikkonen Год назад +299

    Jack Bogle actually sponsored the scholarship that put me through his alma mater, Blair Academy. He changed my life and I'll be forever grateful.

    • @Finaius
      @Finaius  Год назад +26

      Wow, what a good man!

    • @Briggadier
      @Briggadier Год назад +8

      Bogle Hall ! I had no idea how big of a deal he was when I was there. He was so good to Blair.

    • @jeffshackleford3152
      @jeffshackleford3152 Год назад +4

      Like the really good wrestling high school?

    • @NotKimiRaikkonen
      @NotKimiRaikkonen Год назад +4

      @@jeffshackleford3152 that's the one.

    • @jeffshackleford3152
      @jeffshackleford3152 Год назад +4

      @@NotKimiRaikkonen oh man.
      I remember wrestling a guy from there at J rob ( I think).
      That dude kicked my ass so hard, I am still embarrassed 10+ years later.

  • @mrmsanonymous537
    @mrmsanonymous537 Год назад +193

    Anyone else getting "The Men Who Built America" vibes? I absolutely love this style of presentation. Well done! :)

    • @TheGreyGhost_of43rd
      @TheGreyGhost_of43rd Год назад +9

      Definitely right out of their playbook. This the getto/low budget History channel

    • @ceasarsaran8573
      @ceasarsaran8573 Год назад +4

      @@TheGreyGhost_of43rd Its a lot more honest.

    • @hobomike6935
      @hobomike6935 Год назад +4

      The men who actually built america typically died in severe pain, bankrupt, alone, and poor.
      The people you see in history books are either the survivors, or rode on the backs and coattails of others to achieve fame and success.
      The same is still true today; most famous and important people you see in the news did not contribute much to society, but rather were very good at taking a lot from society for themselves.

    • @frkkful
      @frkkful Год назад

      ​@@ceasarsaran8573100% agree!

    • @CherifCharf
      @CherifCharf Год назад

      America was built by wars and Banks.

  • @davidroussell5118
    @davidroussell5118 Год назад +147

    Of all the financial titans I've studied. Jack stands HEAD AND SHOULDERS above the crowd!

    • @leepialong
      @leepialong Год назад +2

      and YET the average Americans know more about Michael Burry or the scammer from wolf from wall street regardless Jack brought low cost investment to the people.

    • @kindnessfirst9670
      @kindnessfirst9670 Год назад +1

      @@leepialong Michael Blurry?

    • @stanislous137
      @stanislous137 Год назад

      ​@@kindnessfirst9670 Michael Burry.

    • @PhillipeSteele-e9x
      @PhillipeSteele-e9x 3 месяца назад +1

      Why don't you become one? Put into action all that you have studied.

  • @user-wt6zf4ek9k
    @user-wt6zf4ek9k Год назад +481

    The Standard & Poor's broad-based index of U.S. consumer confidence has reached historic lows, primarily due to inflation. The decrease in retail spending, home-building, and manufacturing output has led consumers, who play a crucial role in the U.S. economy, to reduce their spending on non-essential items like appliances and services. Despite the current market conditions, it is essential to encourage saving and wise investment decisions. As for profiting from the present market turbulence, I am contemplating whether to sell my high six figure ETF/Growth Stock portfolio.

    • @oliviaHill-w4e
      @oliviaHill-w4e Год назад +1

      The situation for people in the US and other countries is extremely concerning, as the global economy is currently in a dire state. Inflation and unemployment rates are increasing rapidly.

    • @AdamGreene222
      @AdamGreene222 Год назад +1

      @Mark Lofgren I actually subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper licensed coach, how did you go about touching base with your coach?

    • @EmilyMoore-n7n
      @EmilyMoore-n7n Год назад

      Researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call.

    • @kindnessfirst9670
      @kindnessfirst9670 Год назад

      Selling stocks AFTER their price has fallen is the exact opposite of profiting. If you needed that money in the next ten years you never should have invested it that way.

    • @AdamGreene222
      @AdamGreene222 Год назад

      Researched her accreditation. She seem very proficient, I wrote her detailing my Fin-market goals and scheduled a call.

  • @bad_money
    @bad_money Год назад +313

    Spent his life fighting for lower fees for the retail investor, this man is a legend!

    • @TheDavidlloydjones
      @TheDavidlloydjones Год назад +3

      "fighting for"??
      He went out into the market charging competitive fees.
      Fortunately he turned out to be reasonably competent in an overall bullish market.
      FWIW, the p on the end of coup and recoup is silent.
      Anybody who invests in Masterworks can become an investor in Masterworks.

    • @arcaneisboring7675
      @arcaneisboring7675 Год назад

      Bullshit! This guy took other peoples money and spent it all on drugs and bitches.

  • @waynedonoghue4071
    @waynedonoghue4071 Год назад +311

    If these videos aren't 7 figure views worthy, I don't know what is! These videos are RIDICULOUS quality. I can't imagine how much work you put into producing these! Only a matter of time before this channel surpasses 1M subs!
    P.S If you ever create a subscription based documentary platform (like a finance version of HistoryHit) I will GLADLY give you my money!

    • @Finaius
      @Finaius  Год назад +20

      Thanks! That's a good idea

    • @slawomirhering3770
      @slawomirhering3770 Год назад

      Its made by global Network and pupet masters give finnanced this guarante.
      It works as public "Notice" of Intend taking over the world by Holy Roman Empire Vatican behind the Shadow of Banking Cartel they rul the world and own all those companies monopolistic not Lary Flink..

    • @iamteamthinkbig
      @iamteamthinkbig 6 месяцев назад

      @@Finaiusyou and Cold Fusión TV are the best. I hope yall do a collaboration!

  • @jakubvalenta5403
    @jakubvalenta5403 8 месяцев назад +9

    He was one of the greatest! I wish I met him when he was alive. Don’t forget what he famously said: Time is your friend; impulse is your enemy.

  • @pradeepw4413
    @pradeepw4413 Год назад +169

    Storytelling at its best, you simplified and summed up a complex 8 trillion-dollar 60-year history in to 37 minutes. Brilliant! Keep up the wonderful work! Pradeep

  • @forward_ever_ever2595
    @forward_ever_ever2595 Год назад +140

    What he has done for investors, NONE of the billionaires do. His company is worth trillions & yet because of the steps he had taken for investors to gain he was worth 80Mill.

    • @kindnessfirst9670
      @kindnessfirst9670 Год назад

      His company Vanguard invests trillions of dollars but all that money belongs to it's customers. Vanguard is a nonprofit. Therefore it's worth is similar to that of organizations like United Way, Red Cross, etc.

    • @resiliencewithin
      @resiliencewithin Год назад +9

      Worth trillions? You seem not to understand basic economics.

    • @joshuapena6414
      @joshuapena6414 Год назад +15

      @@resiliencewithinhe probably meant *managed* trillions.

  • @EthanMason23
    @EthanMason23 9 месяцев назад +350

    I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

    • @EthanMason23
      @EthanMason23 9 месяцев назад

      @Christina-Gisela That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

    • @joyizuegbulam1031
      @joyizuegbulam1031 9 месяцев назад +1

      @Christina-Gisela The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?

    • @EthanMason23
      @EthanMason23 9 месяцев назад

      @Christina-Gisela I will give this a look, thanks a bunch for sharing.

    • @TheSmartLawyer
      @TheSmartLawyer 9 месяцев назад +8

      ​@Christina-Giselasounds like a fraudster

    • @willywonka077
      @willywonka077 9 месяцев назад

      What does value stocks mean?? How about just letting us know what your invested in you know ​@Christina-Gisela

  • @RenegadeRanga
    @RenegadeRanga Год назад +39

    Warren buffet served himself and a small elite crowd.
    Jack Bogle served everyone else and was proud of it and so he should be.
    Bloody legend and our Finaius is crushing it.
    Warren buffet admitting in the end of the video paying tribute to Jack Bogle takes the cake.

    • @hobomike6935
      @hobomike6935 Год назад +1

      Bernie Madoff

    • @psychomaia
      @psychomaia 4 дня назад

      Interesting I knew who Warren Buffett was but this is the first time I’ve heard of Jack Bogle

  • @g5realestate280
    @g5realestate280 Год назад +65

    A true, brilliant, selfless legend of the century. He showed the small time investors a path.

  • @DanielH874
    @DanielH874 Год назад +65

    I read his book "The little book of common sense investing". It changed my life. I ditched the high fee mutual funds and invested in low cost index funds after reading it. Mutual funds and "actively managed funds" are virtually guaranteed to leave you with less and it's a compounding effect in a negative way. The book broke down the numbers in such an easy to understand way. I am on pace to retire far earlier than I once thought possible. Now after knowing his backstory in more detail I am even more impressed with this man. Lower fees allow all of us a better chance to build wealth and live a better life.

    • @FreedomChasingMedia
      @FreedomChasingMedia Год назад +2

      I told this to a financial advisor and they didn’t know what to say… it’s because most of them are more sales people than people who love learning about the market.

  • @wesj1064
    @wesj1064 Год назад +60

    The use of AI illustration in Finaius' videos lately is truly amazing. Thank you for creating such eye pleasing and interesting visual as well as informational content folks. Making my 15 year old gifted daughter watch these with me so she can understand what's possible when hard work and dogged determination commences during the high school years.

  • @santomenon3689
    @santomenon3689 Год назад +25

    my all time favorite. a retail investor will be very thankful to Jack Bogle. thank you for this episode.

  • @vip_hill_12
    @vip_hill_12 Год назад +35

    Finally, someone covered this company.

  • @kortyEdna825
    @kortyEdna825 Год назад +185

    A weak dollar can signal an economic downturn, making me to ponder on what are the best possible ways to hedge against inflation, and I've overheard people say inflation is a money-eater thus worried about my savings around $200k

    • @shannonsally455
      @shannonsally455 Год назад +1

      Exactly why i enjoy my day to day market decisions being guided by a portfolio-coach, seeing that their entire skillset is built around going long and short at the same time both employing risk for its asymmetrical upside and laying off risk as a hedge against the inevitable downward turns, coupled with the exclusive information/ analysis they have, it's near impossible to not outperform, been using a portfolio-coach for over 2years+ and I've netted over 400k.

    • @Justinmeyer1000
      @Justinmeyer1000 Год назад +1

      @@shannonsally455 Mind sharing info on the adviser who assisted you? been saving for pension since age 18 - company scheme. along the way I hit higher tax, so I added to my company pension with a SIPP (tax benefits) I'm 46 now and would love to grow my finance more aggressively, there are a few cars I still wish to drive, a few mega holidays, etc.

    • @shannonsally455
      @shannonsally455 Год назад +1

      @@Justinmeyer1000 My Financial adviser is ‘’JULIE ANNE HOOVER’’ she’s highly qualified and experienced in the financial market. She has extensive knowledge of portfolio diversity and is considered an expert in the field. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market

    • @Justinmeyer1000
      @Justinmeyer1000 Год назад

      @@shannonsally455 Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her resume.

    • @doncryptomillionaire
      @doncryptomillionaire Год назад

      With inflation your 200k become estimated $150k

  • @RADIUMGLASS
    @RADIUMGLASS Год назад +161

    Jack was among the last of the professional money fund managers. He could have been as wealthy as everyone else in the game but that wasn't his goal.

    • @udbdu3873haj
      @udbdu3873haj Год назад +12

      He wants power he owns almost everything in the stock market

    • @isomilo
      @isomilo Год назад

      ​@@udbdu3873hajhes dead

    • @RADIUMGLASS
      @RADIUMGLASS 11 месяцев назад

      @@udbdu3873haj he actually got pushed out.

    • @bgmike420
      @bgmike420 10 месяцев назад

      ​@@udbdu3873hajpower is good if it empowers the people

    • @wasteddude
      @wasteddude 6 месяцев назад

      ​@@udbdu3873hajhow?

  • @ortega.g.
    @ortega.g. Год назад +114

    Index mutual funds in the 1975,jack bogle would have been a billionaire but he choose to make others richer biggest act of selflessness!!Such people with great intellectual are needed in our current world

    • @CharlotteGate
      @CharlotteGate Год назад +5

      Jack bogle father of index was an investor and founder of vanguard group,one of the largest investment firms in the world

    • @GregoryTyler-ii6et
      @GregoryTyler-ii6et Год назад +4

      Most of the vanguard exchange traded funds (ETFs) pay dividends on a regular basis typically a quarter or a year

    • @ortega.g.
      @ortega.g. Год назад +2

      @@GregoryTyler-ii6et consistently investing in quality dividends company over the long term is a relatively easy strategy to create generational wealth

    • @GregoryTyler-ii6et
      @GregoryTyler-ii6et Год назад +2

      @Erik Malkovich Happy to hear this, salute!!!

    • @CharlotteGate
      @CharlotteGate Год назад

      @Erik Malkovich An everyday millionaire. Well done

  • @larryrhodes
    @larryrhodes Год назад +23

    Started my day at the gym listening to this. Great story! Quality content! Thank you 🙏

  • @AIWs88
    @AIWs88 10 месяцев назад +11

    Appreciate John Bogle! Pay oneself first. Got with Vanguard and never turned back! Love love vanguard!

  • @bigphil303
    @bigphil303 Год назад +17

    This is an excellent channel. I find myself binge watching these mini-documentaries. Great work, well done.

  • @trillionaire78
    @trillionaire78 Год назад +65

    Just wanted to throw another fact to highlight the true selflessness of Jack Bogle: Jack Bogle founded the 7 trillion Vangaurd, but he is not even a billionaire at all, to top it all, he has saved billions of dollars in fees for average investors owning mutual funds and etfs both of Vangaurd and non-vangaurd. This is by defintion, the greatest philanthropist, in financial industry to me. None of others can match it.

    • @leoxd7029
      @leoxd7029 Год назад

      Not being a billionaire does not have anything to do with selflessness. By definition being a billionaire means you created that much value for other people. Billionaire status doesn’t imply selfishness. Thats just an oversimplified analysis. It’s plain wrong. Actually it’s more likely to be exaclty the opposite.

  • @jeffreycrowe6669
    @jeffreycrowe6669 Год назад +73

    This is a wonderful tribute, but the thumbnail made him look like a Bond villain lol.

  • @Biz005
    @Biz005 Год назад +62

    I hope these amazing videos are paying off for you. Appreciate all your work on putting these together!

    • @Finaius
      @Finaius  Год назад +13

      Thanks. They do pay off, but not necessarily in monetary terms. Haha

    • @TheGreyGhost_of43rd
      @TheGreyGhost_of43rd Год назад +3

      HaHahA

  • @dhpitcher
    @dhpitcher Год назад +19

    I have made a lot of money in Vanguards index fund VTSAX and several other ETS's. I am so very thankful for everything this legend has done. RIP

  • @patricklaureys9238
    @patricklaureys9238 Год назад +41

    What a great documentary! Seems to me Jack Bogle was one of the last authentic and honest fund managers, before the marketeers like Brennan or the downright creeps like Fink took over.

  • @brina6680
    @brina6680 Год назад +26

    I don’t really care for finance But I really enjoy all of your videos. I appreciate your attention to detail and the work u put in to them. Ty.

  • @conuongthanhcong4551
    @conuongthanhcong4551 Год назад +17

    I'm from Vietnam. Nice to meet you all. The storyteller is so amzing. Very impressive with the knowledge you have.

  • @moneygreen1953
    @moneygreen1953 Год назад +13

    Jack gave the retail investor a chance to get rich. A simple monthly investment over a 25 yr period, into one of Vanguard's ETFs or Index funds that tracks the S&P & you'll be rich beyond your wildest dreams.

  • @davidburcham7951
    @davidburcham7951 Год назад +45

    I have to say that FINAIUS makes some of the finest finance videos here on YT. I have seen them all and I very much enjoyed them. Your videos are entertaining, while being educational at the same time! Top notch work, Dog! (I am also a finance nerd, if you couldn't derive that by now!) Im a Gen X'er and I respect Bogle's contributions but not a fan of his buy & hold, then keep holding & holding. Lol. (its not BTC or $TSLA or $AAPL after all! Ha!) I read somewhere that did not like investors pulling out of his fund because of his HODL strategy and holding on for life. Buffet talks about this as he is THE HODL'er! Keep up the great work and until the next 1! Thanks a million (pesos if collecting)

  • @richierich440007
    @richierich440007 Год назад +11

    That was a truly a spectacular man who’s exceptional determination was well “legendary “. Thanks for this awesome documentary.

  • @yinlong9829
    @yinlong9829 Год назад +37

    I so greatly appreciate what you do, what a tribute to the legend!! Thanks for your efforts, I don’t miss anything you create and I don’t ever want it to stop!!!

  • @AlexandertheGreat033
    @AlexandertheGreat033 Год назад +4

    Bro got the best channel I’ve come across. I think I’ve watched every single video you have posted. All are great. You are filling a gap that all of us nerds about this shit would love to watch but no one makes the videos. Especially this way, great job.

  • @davidpowell3347
    @davidpowell3347 Год назад +30

    "A mediocre result" that consistently beats about 80% of its competitors after accounting for trading costs saved and management costs saved
    also I think Vanguard was one of the first businesses to sell mutual funds directly to investors without a middleman/broker required or a "load" charge being levied--although I think in the old days all funds sold that way including Wellington

  • @JanBanJoovi-ol1qv
    @JanBanJoovi-ol1qv Год назад +30

    John Bogle could have been a multi billionaire if his main goal is to gain self wealth. Imagine if he made vanguard his own money machine, I can only imagine how wealthy he would have been. But he has chosen not to. What a man. Indeed one can still be rich and ethical. But it’s too damn difficult. It takes a lot of courage to be ethical when humungous amount of wealth is flashing before your eyes.

  • @madmots981
    @madmots981 Год назад +11

    Great informative videos, with outstanding quality. Absolute joy to watch.

  • @virgilkane7369
    @virgilkane7369 Год назад +15

    That was a beautiful documentary ! I highly recommend spending 37 minutes of your time to watch it all the way to the end .

  • @nathanalog9458
    @nathanalog9458 Год назад +3

    undying ambition and sheer will, what a man, what he has done for the industry is truly remarkable.

  • @charityetzkorn4710
    @charityetzkorn4710 Год назад +2

    The succession music at the end. I screamed during this at one point is this a bear hug? This video was awesome.

  • @kanpakloykan7105
    @kanpakloykan7105 9 месяцев назад +3

    In the past. The American empire. Now the American tent cities.

    • @spirithope
      @spirithope 4 месяца назад

      ❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤❤🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉🎉😢🎉🎉

  • @Duke6598
    @Duke6598 Год назад +24

    incredible how sharp and precise he still was at such an old age. He talked like he is in his thirties.

  • @janreichenbach265
    @janreichenbach265 Год назад +8

    Well deserved, Vanguard offers great products at a very fair price. The 60/40 portfolio in one ETF, us Germans don't have this yet. Again well done, FINAiUS.

  • @8G00SE8
    @8G00SE8 Год назад +5

    60/40 Portfolio is 60% Stocks and 40% bonds in the investing world, not the other way around, although you can have a 60/40 of Bonds and Stocks!

  • @mhdmurad1
    @mhdmurad1 Год назад +6

    This is the whole story?! With all under table deals and politics?

  • @arjunsindhav6300
    @arjunsindhav6300 4 месяца назад +1

    Who got tears in there eyes at 36:24? You are a true patriot for your nation!

  • @leoxd7029
    @leoxd7029 Год назад +16

    Thanks to him, everyone can now participate in the stock market. What a legend!

  • @davidkofikumah9505
    @davidkofikumah9505 Год назад +34

    A fitting tribute to a legend. I loved the tribute at the end. For Jack!

    • @SSNESS
      @SSNESS Год назад +1

      He’s my grandpa

  • @dhirajvanarase4331
    @dhirajvanarase4331 Год назад +15

    The last scene is a tribute to a Legendary person from a great man !!!

  • @Kody-xy3jj
    @Kody-xy3jj Год назад +9

    Thank you Jack Bogle. Your books changed my life in many ways. Great man.

    • @Blessupbrand305
      @Blessupbrand305 10 месяцев назад

      What book is that?

    • @Kody-xy3jj
      @Kody-xy3jj 10 месяцев назад +1

      @@Blessupbrand305 To me, the best one is Common Sense Investing.

  • @davidpowell3347
    @davidpowell3347 Год назад +21

    Unfortunately it seems that the present Vanguard management might not appreciate its smaller investors as much as it did during the time that Jack Bogle was there.

    • @wasteddude
      @wasteddude 6 месяцев назад +1

      That's somewhat true. The good thing is the business model is fundamentally the same.

  • @NOSCAM
    @NOSCAM 4 месяца назад +1

    The production team is a history channel quality man

  • @anonymousAJ
    @anonymousAJ Год назад +11

    Do some of the real spooky ones
    Rothschilds, Bank of England, John Pierpont Morgan, BIS

    • @AYVYN
      @AYVYN 6 месяцев назад +1

      John Pierpont Morgan? He was a good man, no saint but good man.

  • @johnm3066
    @johnm3066 Год назад +10

    Do a video on 3G Capital and 'The Brazilian Trio', one of the most inspiring LBO stories ever, considering Brazil is still a developing country!
    Or Samuel Klein, another Brazilian who was able to finance the acquisitions of numerous department stores to become the 'Sam Walton of Brazil.'

  • @Maxbettindigo
    @Maxbettindigo Год назад +7

    Always Great, Guys pls consider making a video on Sir " Rakesh JhunJhunWala " regarded as Warren Buffet of India, sadly we lost him last year, would also help u to get a larger audience base. God Bless.

  • @karljosephfakura9226
    @karljosephfakura9226 Год назад +20

    He should be called The Saint of Investments.

  • @frosted_soul_
    @frosted_soul_ Год назад +5

    The amount of 3d work done is amazing. Keep up the good work gang

  • @rachelsidambi3182
    @rachelsidambi3182 Месяц назад +1

    The succession-esk music during the handing over part of the video is everything 😅

  • @PeteJDunn78
    @PeteJDunn78 Год назад +7

    John C. Bogle is an absolute hero. He’s an innovator, a pioneer.
    Like J.P. Morgan, like John D. Rockefeller, like Henry R. Kravis and George R. Roberts.
    Bogle has changed the basis direction of Wall Street for the better. Of very few can this be said.

    • @Finaius
      @Finaius  Год назад +1

      Spot on Pete!

    • @PeteJDunn78
      @PeteJDunn78 Год назад +1

      @@Finaius Thanks Rocky, great video by the way. Keep up the focus.

  • @landsea7332
    @landsea7332 Год назад +4

    Reading up on Vanguard , turns out its presently owned by its own Vanguard Mutual Funds .
    So there are no outside influences on the company . However , 2 questions
    1 ) Someone can correct me here , but it doesn't appear as though Vanguard is being influenced by the WEF's
    use of ESG scores .
    2 ) Vanguard owns quite a number of shares in the MSM . So are they using their shares to influence the MSM
    or do they own all these shares only because they are an Index Fund ?
    .

    • @sid35gb
      @sid35gb Месяц назад

      It’s owned by its customers. And we own you 😂

  • @tigsik3128
    @tigsik3128 Год назад +8

    What a legend of a man! Amazing documentary! thank you!

  • @amin8202
    @amin8202 11 месяцев назад +2

    Sometimes I think what's the point of so much fights and challenges to go higher on finance and industry positions while you die anyway poor or rich and the financial achievements are no tremendous legacy to leave behind and what people say doesn't matter

  • @gentilgedeon4260
    @gentilgedeon4260 Год назад +12

    From Africa, "Let America rule the world for its men are giants thirsty of power." I think these investors would do a great job in leading the world out the hands of the Chinese who inching close every day into our backyards. love_from_East Africa.

    • @MahdiKnicks
      @MahdiKnicks Год назад +1

      The chinese are the worst

    • @secular13
      @secular13 Год назад +1

      Ogoni 9 ringa a Bell,careful what u wish for

    • @penny2542
      @penny2542 Год назад

      ​@@secular13true. Americans are just as worse as the Chinese.

    • @zacharypayne4080
      @zacharypayne4080 Год назад

      Africa will have to be Catholic..this is very important for it's success

  • @kindnessfirst9670
    @kindnessfirst9670 Год назад +1

    I can't handle the silliness of the billboards the video maker puts on top of sky scrapers.

  • @Jand4291
    @Jand4291 Год назад +6

    Excellent documentary. I didn"t know the history of Bogle, his resilience and how he was force to retired from Vanguard.

  • @Jewels-o7o
    @Jewels-o7o 9 месяцев назад +1

    Vanguard is truly a epic compant to this day.

  • @mcdan2696
    @mcdan2696 Год назад +3

    Incredible fighter! A true Intellectual Gladiator! Finance opportunities are derivatives of direct investments!

  • @smartmoneyadvice7427
    @smartmoneyadvice7427 Год назад +7

    RIP Jack. A true legend

  • @fttlifestyle
    @fttlifestyle Год назад +3

    Subscribed!
    I thoroughly enjoyed this one, as well as the ones on BlackRock and Sam ZELL. I like your attention to details, meticulous approach, defining complex terms making them seem general and throwing in some good facts and actual footage! Keep up the good work! You’re good at this!

  • @hassanzorome7497
    @hassanzorome7497 Год назад +8

    Jack Bogle is a God in the financial world always looking for the little guy I know you’re in heaven and a great place❤🙏☝️👍

  • @jdj8168
    @jdj8168 Год назад +6

    Another great video bro! Just one note: at 7:48 the graphic shows 40/60 stock/bonds and I assume you wanted it to be 60/40

  • @dairysmoreta6108
    @dairysmoreta6108 Год назад +3

    Never clicked on a video so fast in my life!
    Thee Legendary Jack C. Bogle! 💗

  • @CharBar07
    @CharBar07 Год назад +24

    I've been waiting for vanguard because I have a couple of accounts with them and always wondered about their backstory.
    Thanks for the videos you created. It's not easy to make great-quality videos about finances. I salute you for your hard work.

  • @dukemandu
    @dukemandu Год назад +1

    You really sell that Masterworks ad. I hate ads, but even I'm considering investing. I do appreciate fine art, and there will always be a market for it so long as man exists.

  • @jerryrowlin6735
    @jerryrowlin6735 Год назад +3

    You're videos are great, continue doing the good work. Rip to the legend Jack Bogle

    • @Finaius
      @Finaius  Год назад +1

      Appreciate the kind words! I'm all about sharing the best financial and economics stories on FINAiUS. Keep watching and learning! - Rocky

  • @bonete8780
    @bonete8780 Год назад +2

    8:45, "He also drummed into me in fact the crowd was always wrong."

  • @AS-yg5dt
    @AS-yg5dt Год назад +5

    Well done FinAiUS. Very nice docu 👍🏽

  • @darleneatkinson3906
    @darleneatkinson3906 11 месяцев назад +2

    As and employer I put my money into Vanguard from 2000 to 2016 years then I received lot of interest on my money clear out any debts that needed paid off. that how I got all bills paid for
    that was a great feeling and I understand compound interest. thanks for your amazing videos love how you edit and share lot of information in short time.

  • @BrettFogle
    @BrettFogle Год назад +8

    Great job, keep up the good work. Love this.

  • @davidpowell3347
    @davidpowell3347 Год назад +5

    25:00 : I think they struggled to get enough money into the fund to get it up and running but I think Bogle had some powerful academic people who committed some of their investment money to the new index fund and finally it got up and running
    also the amount of computer operation power to run such a fund in that day was much harder to come by in that day than now (I wonder whether a Univac I could have done it? Probably not.)
    Did young Bogle go to school/University where the original ENIAC computer was assembled?

  • @remotetrekker-dg3re
    @remotetrekker-dg3re Год назад +3

    Very good video. I like how you focus on presenting information in a logical line.

  • @davidroussell5118
    @davidroussell5118 Год назад +5

    Peter Lynch is another wall street legend. Great documentary!!!

  • @hisamkamal1809
    @hisamkamal1809 Год назад +5

    Enjoyed every bit. Keep up the great work 👏

  • @tomjones3113
    @tomjones3113 6 месяцев назад +1

    Like watching your informative videos. Can you do a video on Van Duyn Dodge and E. Morris Cox. Started the Dodge and Cox Stock Fund. Keep up the great videos

  • @ronaldh8298
    @ronaldh8298 Год назад +7

    I have total respect for him. Bought two of his books. And still going strong with my vanguard accounts.

  • @EternityUnknown
    @EternityUnknown 3 месяца назад +1

    19:50 was just incredible

  • @ILGlocker
    @ILGlocker Год назад +3

    Very nicely done with this series. I have been a Vanguard investor for years. You need to read Jack's book "The little book of common sense investing" for more insight.

  • @rickybobby7276
    @rickybobby7276 4 месяца назад +2

    So he popularized mutual funds which caused the 2008 financial crisis because investors stopped caring about the underlying assets and fled the fund when it broke the buck. Thank you Bogle for nationalizing banks. You are truly a titan of industry and will never be forgotten.

  • @tommyfisher277
    @tommyfisher277 Год назад +12

    Bonds, stocks or etfs. Which is the best to go to right now considering the recent economic factors looming around

    • @hueymorello5115
      @hueymorello5115 Год назад

      I think fin plan comes first. Asking a bunch of randoms isn’t a way to go.

    • @Bianca.rantzsch
      @Bianca.rantzsch Год назад

      I agree to financial planning too. Better safe than not.

    • @jerryedens877
      @jerryedens877 Год назад

      @Martin P. Chenoweth recently featured on cbcc? Isn’t her packages priced? 10% is a good roi.

    • @Bianca.rantzsch
      @Bianca.rantzsch Год назад

      @@chenoweth816 featured on cbcc

    • @alyoshaivanovv
      @alyoshaivanovv Год назад

      @@chenoweth816 from nbc?

  • @financialstatement9799
    @financialstatement9799 Год назад +2

    Make one on Michael burry. People don't Know lot about him. He is gem.

    • @johnbrown6769
      @johnbrown6769 10 месяцев назад

      Aside from the big short, what else has Burry done? I’m just wondering since over the last 3-4 years, I see him touting himself a bit too much for my taste.

    • @johnbrown6769
      @johnbrown6769 10 месяцев назад

      Just checked on Burry’s Scion fund. $110 million is not much as assets management funds go so he certainly can’t be thought of as a guru.

  • @downsouth13.3mviews2
    @downsouth13.3mviews2 Год назад +4

    I enjoy watching your videos , am a finance student broke ASF but very soon the world will know my name

  • @MrRiadKhalil
    @MrRiadKhalil Год назад +1

    Background electronic digital arts collection is a value of $.78 including 1% too

  • @pauobunyon9791
    @pauobunyon9791 Год назад +3

    Anyone else remember Vanguards VIPER index funds ?? I like that name way better than the current VOO ticker 😂

  • @KSG-g6w
    @KSG-g6w 9 месяцев назад

    Can't imagine better explanation and storytelling about such a complicated story which shaped and continue to shape entire industries around the world and even the world itself