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John Bogle, Vanguard Founder Who Created Index Funds, Dies at 89
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John Bogle, Vanguard Founder Who Created Index Funds, Dies at 89
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MacroGlide on Instagram: "John C. Bogle founded The Vanguard Group in 1975 and fundamentally reshaped global investing by championing low-cost, passive index funds. In 1976, he launched the world’s first retail index mutual fund tracking the S&P 500, a move widely mocked at the time but later proven transformative as fees were shown to be one of the strongest predictors of long-term returns. Bogle structured Vanguard as a client-owned firm, meaning investors—not outside shareholders—benefit from
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MacroGlide on Instagram: "John C. Bogle, founder of Vanguard, revolutionized the investment world by creating the first index mutual fund in 1976. His philosophy centered on low-cost, passive investing, challenging the high-fee, actively managed funds that dominated the market. Bogle believed most investors couldn’t consistently outperform the market and that minimizing costs was the most reliable path to long-term returns. Vanguard’s structure—owned by its investors—allowed it to lower fees sig
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