FYI: Jack Bogle was missing and I was starting to panic.
It was early on Saturday, Oct. 16, 1999, the day of The Boston Globe’s first-ever personal-finance conference — which I had spent months organizing — and Bogle, the founder of the Vanguard Group and the man behind the first index fund, was the opening keynote speaker.
The event was at a Boston convention facility owned at least in part by Fidelity Investments, Bogle’s biggest rival during his time at Vanguard. He had spent the night across the street in a luxury hotel nicknamed “Ned’s Beds” by fund-industry types, for Ned Johnson, then-chairman at Fidelity.
I had seen Bogle at a dinner event the previous night and had covered him for years; he was never one to be late, but here we were with a big crowd filing in and under 30 minutes to go and no one had seen or heard from the guest of honor.
Finally, Bogle shows up, apologizing for being behind schedule, but wanting to explain.
Regards,
Ted
https://www.seattletimes.com/business/jack-bogles-lasting-lessons-are-simple-easy-and-successful/