Article preview: The investment industry is remembering passive investing pioneer Jack Bogle following his death at the age of 89. As founder of Vanguard, one of the largest investment providers in the world, and creator of the first retail index mutual fund, Bogle has a profound impact on all investors. He started his investing career back in 1951, after his thesis on the economic role of the investment company came to the attention of Walter L. Morgan, founder of the Wellington Fund. At the age of 35, in 1965, Bogle became executive vice president of Wellington Management Company. He went on to merge the business with Thorndike, Doran, Paine & Lewis, a fund management firm based in Boston.
Remembering Jack Bogle & his lasting contribution to all investors
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This 695 word blog post reports on the life of Jack Bogle, pioneer of index investing and founder of The Vanguard Group, following his death at the age of 89. Written on 17th January 2019.
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