Vanguard Founder Jack Bogle dies at 89
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- Опубликовано: 26 авг 2024
- CNBC's Tyler Mathisen reports that Vanguard Founder Jack Bogle has passed away at the age of 89. The Fast Money traders weigh in. With CNBC's Melissa Lee and the Fast Money traders, Steve Grasso, Mark Tepper, Dan Nathan and Guy Adami.
"If a statue is ever erected to honor the person who has done the most for American investors, the hands-down choice should be Jack Bogle." Warren Buffett
A beautiful homage. One great man honoring another great man.
1000%, guy with 1 index beat 97% of pro investors who combined work millions of hours a week to beat his snp500 index's while he sits on the couch ( in heaven) doing whatever he wants and he wins 97% of time. Thats the true holy grail of investing.
Well... we have a lot of space for new statues now.
@@startroopian LoL 🤣😆🙃😝! And Mr Bogle's is rightfully deserved!!
Warren Buffett said it best in his 2016 letter to shareholders:
"If a statue is ever erected to honor the person who has done the most for American investors, the handsdown choice should be Jack Bogle. For decades, Jack has urged investors to invest in ultra-low-cost index funds.
In his crusade, he amassed only a tiny percentage of the wealth that has typically flowed to managers who have promised their investors large rewards while delivering them nothing - or, as in our bet, less than nothing - of added value.
In his early years, Jack was frequently mocked by the investment-management industry. Today,
however, he has the satisfaction of knowing that he helped millions of investors realize far better returns on their savings than they otherwise would have earned. He is a hero to them and to me."
It's inspiring to see a great person like Warren Buffett honoring another great person, Jack Bogle. It's the trait of a beautiful human being.
A great American. Thank you, sir for your life’s work by giving the average man access to investing in American business.
I'm from Russia and even on our corrupt market his ideas work. Thank you Jack!
Same in Germany. What stocks would you recommend in Russia?
@@AsDfler12 Have you read him?!
@@AsDfler12 gazprom is good buy?
Not just Americans, but investors, pension funds, day traders, hedge funds, and institutions around the world took advantage of Vanguard's index funds to make money.
Thank you Mr. Bogle for making an affordable way for consumers to own a piece of the means of production. Your wise and calming words will be missed.
Rest in Peace Mr. Bogle, you have taught me a great deal.
This one man opened the door for all long term retail investors. Debunked the myths about active investing by proving it. Incredible life. RIP
Heart attack at 30 and maid it to 89. Crazy
It's crazy how one can misspell "made".
Millennial!
"maid" lmaooo i didnt know he was a a female domestic servant
MasterShredder an investor to boot
Jesus fucking Christ..If you can't spell *Made* then you don't deserve to be alive..
RIP Jack Bogle. Vanguard indexes have helped make investing easier for myself and millions of other Americans and have been a way for the average man to get into the markets.
Jack Bogle did more good for the average American investor than anyone...ever. Did more to enable people to retire with dignity since FDR.
unlike obama who did more to collapse the middle class, eliminate savings, pensions, and jobs than any other president.
If we could take a little bit of FDR's plan and covert it to Bogle's, we could retire with a lot more dignity.
@@jshepard152 - Agreed. FDR's Social Security has a -4% return on investment at this point. His plans are a total failure. But some changes to the system would go a long way to making it solvent.
@@colin1818
Absolutely. The administration of it is terrible too. Up to two years to get a favorable ruling for a disability case. Imagine that your house burns down and you can't collect the insurance benefit for two years, or maybe not at all. Insanity.
Sad to see a great man who changed the way's of investing forever.
He has a zest for life and a quick intellect
I only discovered of Mister Bogle's incredible work last year, and he mentored me on investing, through his various RUclips videos. Very fortunate to have lived in this great mans time.
I am from India and This man was an angel for All small retail investors..
Rest in peace sir.... And thank you For teaching us About the Index Funds.. and saving our money....
Knowing I wanted to invest, but having no idea how or where, I went to a bookstore to buy a book on the subject. I looked at several, but it was the "Little Book of Common Sense Investing" that went home with me. I could have just as easily chosen poorly. But that book totally changed my life and has driven my investing philosophy for over 15 years.
A great man, humble and wise, that affected the world in a very positive way. A great teacher and role model. RIP John.
No one, and I do mean NO ONE, did more to help ordinary investor's gain extraordinary wealth than Mr. John C. Bogle!! Thank you sir from the bottom of my heart.
Jack Bogle knew all along his idea was right, the math was right, the concept was right. If he is Wall Street's enemy, he is my friend. RIP Jack.
One of the good guys very few can take his place the rest are wolves of Wall Street Rest In Peace
May he rest in peace. His wisdom lives on, even to newer investors. Full of great information and advice.
Bogle's best advice was just buy the market. Don't try to pick stocks.
I got to know about the power of index funds from John Bogle only recently. Truly a towering giant in the field of modern investing. His contributions will enrich millions of people in the coming generations.
Rest in peace, sir.
Jack is a true hero to average investors. May he rest in peace.
RIP Mr Bogle! You've emboldened me to invest in mutual funds and ETFs that I wouldn't have been able to do so, otherwise. Thank you for creating the index fund. Vanguard rules!!!
Rest In Peace, I learned so much from you
If you don’t know what you doing and have no idea about the stock, just buy VOO, you will be rich in long run
True, with the caveat of "based on historical returns" and nothing is guaranteed going forward.
@@SpaceTravel1776 sure, then put you money in you CD and get interest lol, less risk lol
A Great and, Humbled and, Long Term Investor, Thank you Jack Boyle, Rest Well.💯, very Informative and, Intellectually Sound.
Mr. Jack Bogle i sent my Condolences to you and your FAMILY with much much Respect to U mr. Jack Bogle God. Love you
Rest in peace Mr. Bogle. Your principles and ideas will live on, and help millions to create and preserve wealth long term.
RIP Sir.. yours so good at heart as your voice.
RIP Jack
I just started investing 5 month ago, shifting away from mutual fund to ETF with RBC DI. My first self investment ETF is VGRO. I have done a lot of reading and research about Vanguard funds and ETF, so glad i select that ETF. Rest In Peace SIR. Bogle.
R.I.P. John. You helped a lot of people.
Imo, jack Bogle is the only investor who has done more for retail investors than Warren Buffett. Two men who prove you can make a lot of money and still be a good human being.
Tom Brown What did Buffett do for common man? He was an excellent businessman, a very rich man, had great quotes but didn’t do much for the common man.
Jack bogle did more for the average investor as whole then anybody on Wallstreet ever has done. Rest In Peace Legend.
rest in peace Jack thank you I have learned a lot from your videos
you can't leave this world alive.
How much stocks did he took in his coffin???
What a legend. Rest in peace.
Rest in Peace in Jesus name, Amen!😇
RIP, Jack C. Bogle. He was a wonderful human being.
Rest in Peace Jack. You will be forever missed.🙏
Why do the $0 cost index funds allow other funds to short your investments?
Thank you, Jack. Thank you, so very much for everything. Time to dust off, and revisit my copy of "The Little Red Book of Common Sense"...
Goodbye sir. I have a chance of retiring comfortably because of you.
Is his name Jack Bogle or John Bogle
His legal name was John but back in his day, Jack was a common associate nickname (like JFK).
a great man. his family should be proud
R.i.p Sir
Great Person!
Only just started looking into vanguard and trading stocks. Was sad to find about Jack Bogle passed away, RIP.
truly a hero to bring a bright idea and intellectual way of investment to human beings
wow Jack could had been more selfish and even charge Jsut a tiny bit more out of his 4-5Trillion dollar holdings in Vanguard. and been worlth 100billion dollars instead of dieing with 180million dollars net worth.. he was very quite selfless. Just deciding to keep 0.01 to him self would have made him 45billion dollars rich.
RIP buddy, you had an honesty that todays investor advisers do not.
A finance guru for the mediocre strata of people(like myself).Have learned many things regarding Mutual and Index Funds...Rest In Peace Jack Bogle Sir..🌹🌹
RIP to the great index fund legend. The man who proved mutual fund managers are useless garbage dump shit. ETF all the way.
We remember you Mr Bogle
True legend..
RIP. I've learned so much from this man just from watching several videos. I wonder if he wrote any books..
But of course he did! He’s got like 20 books he wrote.
May the memory of Mr Bogle live forever.
This is really sad. Great man did alot more many he will be missed.
Thank you Mr. Bogle
RIP Mr. Jack Bogle
RIP the man the legend
Respect to Mr. Bogle for all he was able to achieve and I'm sure he was a great individual. But to say index investing has been a benefit to markets is intellectually dishonest. If you want to achieve index average fine but passive is not a reflection of true value. When companies are weighted and indexed based on nothing more than there mere existence...they are distorted. We need to go back to valuing companies as operating business and not the the basis of their financial weighting in an index.
Bogle was a legend. We owe him so much as he truly democratized the investment world. All investors that still giving their money to active managers should watch this video and realize that the so called "experts" that manage their money are actually crap at their job and should go out of business.
RIP - What a great guy
Did she just said “John Bogle” come on CNBC or should I say CBNC. Give the man respect “Jack Bogle” Rest In Peace
May your soul Rest In Peace. 🙏
0:05 OMG SHE SAYS JOHN BOGLE INSTEAD OF JACK BOGLE. WHAT A FUCKING DISGRACE!!!!
sad day indeed under played !!
RIP Jack!!!
❤️
RIP Saint Bogle
Blackrock is the largest investment management group by AUM and IMHO offers plenty more products such as ETFs which track various indices apart from the S&P 500.
R.I.P
RIP Mr Bogle
This Bogles my mind!
Respectfully,
Another investment mogul in Southafrica passed away this week.
Allan Gray, he was 81
The founder of Allan Gray fund manager
Rip
F
So sad that someone like that is now worm food. Human condition is a sad one.
I'm so glad Jack stayed true to his character and believed in the INDEX, there are allot of people today continuing to retire early from understanding his principal investment strategy.
😨😥🥶😭😭😭
Too bad he won't be around to watch it collapse. King of the sheep!!!
If it ever falls it will fall on people like you. lol.