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Who Was John Bogle? Vanguard Founder, Father of Indexing

Financial Concepts

Definition

John Bogle was the founder of the Vanguard Group and a major proponent of index investing. Commonly referred to as "Jack," Bogle revolutionized the mutual fund world by creating index investing, which allows investors to buy mutual funds that track the broader market. He did this with the overall intent to make investing easier and at a low cost for the average investor. He died on Jan. 16, 2019,

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Common mistakes

Do not infer unobserved prices.