FYI: Last Wednesday, Vanguard Group’s 89-year-old founder John C. Bogle was in hospital to receive treatment for his latest health scare—an irregular rhythm in his transplanted heart. On Thursday and Friday, he was at the Bogleheads’ 17th conference in Philadelphia, as feisty as ever.
The Bogleheads are, of course, the online community who congregate at Bogleheads.org. They’re renowned as fans of frugality—especially frugally priced index funds. And Jack Bogle—even though it’s been more than two decades since he was Vanguard’s chief executive officer—remains their guiding light. He has a new book, “Stay the Course”, which should be out next month.
Near the beginning of his remarks on Thursday, Bogle quoted the Ancient Greek playwright Sophocles: “One must wait until the evening to see how splendid the day has been.” He then added, “I think my evening is here, and I don’t much like that.”
Regards,
Ted
https://www.marketwatch.com/story/5-things-we-can-still-learn-from-vanguards-jack-bogle-2018-10-08/print
