Jack Bogle, Legendary Vanguard Founder, Dies at 89

The video discusses Jack Bogle's transformative impact on the financial world, particularly through his work at Vanguard. Initially a proponent of load funds, Bogle shifted to indexing, emphasizing low costs and investor-first principles. Despite his visionary status, Bogle was a complex figure, advocating for low costs while earning a significant salary. He was critical of ETFs due to their active trading nature, preferring a buy-and-hold strategy. Bogle's philosophy emphasized long-term investment and shareholder responsibility, advocating for total market index funds.

What were Jack Bogle's thoughts on the rise of ETFs in the investment industry?

How did Jack Bogle differentiate between traditional index funds and ETFs?

In what way did Jack Bogle view the role of shareholders in corporate governance?