Tributes to the late, great Jack Bogle continue to pour in thick and fast. As Barry Ritholtz put it the other day, praise for the man compounds, just like his returns.
I’ve put together a selection of tributes below, in no particular order. There’ve been so many heartfelt sentiments expressed that I couldn’t possibly include them all.
Here are my own thoughts on Jack’s passing:
My personal debt of gratitude to Jack Bogle
And here’s a video I made about his life and work a few days before he died:
Jack Bogle — investing’s ultimate superhero
“The amount of (justified) praise Jack Bogle is getting is a reminder that when this is all over no one will care how much money you made but everyone will remember how much good you did and how many people you helped.”
Morgan Housel, Collaborative Fund
“He taught us that finance can and should be a force for good, not merely a way to extract wealth to enhance personal fortunes.”
Abraham Okusanya, FinalytiQ
“Jack did more for American investors as a whole than any individual I’ve known. A lot of Wall Street is devoted to charging a lot for nothing. He charged nothing to accomplish a huge amount.”
Warren Buffett, Berkshire Hathaway
“Most people choose a career in the investment business to make money; Jack Bogle chose to use that career to make a difference.”
Rick Ferri, Rick Ferri LLC
“He saw the incredible fees that people were being charged without any evidence of a corresponding benefit, and was determined to do something about it. And he did.”
David Booth, Dimensional Fund advisors
“Put simply, no single person has ever done more for investors while asking less for himself. Nobody comes within a mile. We won’t see his like again.”
Cliff Asness, AQR Capital Management
“He profoundly changed our industry for the better and exemplified the success that comes when we focus on doing what is right for investors.”
Ron O’Hanley, State Street Corporation
“History will remember Jack Bogle, the founder of Vanguard Group, as the great democratizer of capitalism, the person who made it possible for just about everyone to afford to buy a stake in stocks and bonds.”
Jason Zweig, Wall Street Journal
“Bogle was a man who synthesized the latest academic thinking and his own insights to dream up the low-cost funds that will leave them richer in retirement. Cheers Jack!”
Monevator
“In a sea of superlatives, one number stands above all others: $1 trillion. That is an estimate of how much money John Bogle has saved investors since he started Vanguard Group.”
Barry Ritholtz, Ritholtz wealth Management
“Bogle’s life is a reminder that business leaders have the power, indeed the responsibility, to shrink the wealth divide between their companies and the workers and consumers who sustain them.”
Nir Kaissar, Bloomberg
“Farewell, John C. Bogle. You left the world a far, far better place than you found it and, for that, the rest of us will be forever grateful.”
Jonathan Clements, Humble Dollar
“The only people who come across his message and then disagree with it are those whose careers depend upon their not believing. Bogle had the math on his side, and just about all of the salient facts pertaining to industry conflicts, human psychology and investor behavior.”
Josh Brown, Ritholtz wealth Management
Robin is a journalist and campaigner for positive change in global investing. He runs Regis Media, a niche provider of content marketing for financial advice firms with an evidence-based investment philosophy. He also works as a consultant to other disruptive firms in the investing sector.
