“Don’t look for the needle in the haystack. Just buy the haystack!”
The father of index investing, Bogle is the founder and longtime CEO until his retirement of Vanguard Group. The company now manages $5.1 trillion investor dollars worldwide, representing 20 million investors in 170 countries. His mantra of low-cost, broadly diversified investing has proven itself time and again, even as his company has mushroomed in size and influence.