Updated: Feb 15
Warren Buffett paid tribute to fellow investing legend Jack Bogle:
“Jack did more for American investors as a whole than any individual I’ve known,”
“A lot of Wall Street is devoted to charging a lot for nothing. He charged nothing to accomplish a huge amount.”
Bogle helped bring investing to the masses through his creation of the index fund and founding of the no-nonsense, low-fee investing firm Vanguard Group. He preached a philosophy of steady investing and avoidance of market timing.