Jack Bogle Changed Your Life Even If You Don’t Know Who He Was
- Vanguard chief’s idea of low-cost index fund flopped at first
- Bogle, who died Wednesday, exposed drawbacks of stock-picking
This article is for subscribers only.
Jack Bogle knew how to make a nuisance of himself.
“What he meant to most people in the investment business was that he was a royal pain in the bottom,” said Jeremy Grantham, co-founder of Boston-based Grantham Mayo Van Otterloo, or GMO.