Bogle’s Beginnings
September 15, 2011 at 07:33 AM EDT
John Bogle is one of the founders of index investing, a very valuable tool still underutilized by investors. Bogle writes over at the WSJ: The idea that passive equity management could outpace active management—then the mutual fund industry’s universal strategy—was derogated and ridiculed. The fund, now called the Vanguard 500 Index Fund, was referred to [...]