From there, he went to Princeton, which offered him a full scholarship and a job waiting tables in the dining hall. When traveling, Mr. Bogle usually took the train or flew coach. On file we have 14 email addresses and 25 phone numbers associated with Barbara in area codes such as 772, 402, 531, 717, 843, and 7 other area codes. Mr. Bogle is the second financial titan from the region to die in the last three days. We have 13 records for Andrew Renninger ranging in age from 25 years old to 58 years old. Costs matter. Bogle was sought after in the corporate community. He was a social critic, civic leader, mentor, and philanthropist whose generosity to the institutions that shaped his character, notably Blair Academy and Princeton University, far outstripped his legendary frugality. While index funds have become widely popular, Vanguards competitors often have been less than keen about following the companys penny-pinching lead. Security analysis and portfolio management - Read online for free. from 8 AM - 9 PM ET. Inspired by the 1798 Battle of the Nile, during which Lord Horatio Nelson sank the French fleet, snuffing Napoleons dream of world conquest, Mr. Bogle chose the name Vanguard after Nelsons flagship. John C. Bogle (1929- ) founded the mutual fund company Vanguard and is a leader in the mutual fund industry. Required fields are marked *. He was literally reborn, and he really appreciated the chance of having a second go at life.. Mr. Bogle especially loved to write. At Blair, Mr. Bogle chaired the board of trustees, chose the headmaster, and helped finance the construction of several buildings. Bogle Eve Sherrerd 1956. Vanguards advantage came from the unusual corporate structure that Mr. Bogle adopted. Mr. Bogle also went a step further in differentiating Vanguard from other companies that sponsor mutual funds. Mr. Bogle built Vanguard, which is based in Malvern, Pa., on a cornerstone belief that was anathema to most mutual fund companies: that over the long term, most investment managers cannot outperform the broad market averages. Most fund companies spend huge sums to attract new customers. For more than 20 years, he donated half his annual income to philanthropic causes, particularly those institutions that helped develop his mind and form his character. Mr. Bogle served on the board of the Investment Company Institute, a mutual fund trade group, from 1969 to 1974, and as its chairman from 1969 to 1970. In an op-ed for the Wall Street Journal in 2018, he warned that the concentration of ownership created by indexing firms presented a threat to the markets. Im writing what I want and saying what I want, and I think my name and reputation, for whatever thats worth, have been enhanced.. They had six children: daughters Barbara Bogle Renninger, Jean Bogle, Nancy Bogle St. John, and Sandra Bogle Marucci, and sons John C. Bogle Jr. and Andrew Armstrong Bogle. John C Bogle, who founded the Vanguard Group of Investment Cos in 1974 and built it into a giant mutual fund company, with $4.9 trillion in assets under management today, died Wednesday in Bryn . So intelligent investors will use low-cost index funds to build a diversified portfolio of stocks and bonds, and they will stay the course. He told me the most important thing in a relationship is trust, and trust is based on honesty. He was like a surrogate father to me, said former headmaster Chan Hardwick. Three index fund managers dominate the field with a collective 81 percent share of index fund assets: Vanguard has a 51 percent share; BlackRock 21 percent; and State Street Global 9 percent. I wanted to send a message that our battle-hardened Vanguard Group would be victorious in the mutual fund wars, Bogle wrote in Enough, and that our vanguard would be, as the dictionary says, the leader in a new trend. . I dont know what we do about it exactly.. Daughter: Nancy Moore St. John Daughter: Sandra Hipkins Bogle Marucci From the station or airport, he walked to his destination rather than taking a cab, or hailed a cab rather than riding in a limo, even in his 70s. 16., Bryn Mawr, Pennsylvania, Egyeslt llamok Hzastrs: Eve Bogle Gyermekek: Sandra Bogle Marucci, Andrew Armstrong Bogle, Barbara Bogle Renninger s tovbbiak Testvrek: David Caldwell Bogle s . Children and grandchildren gathered at the family camp on Lake Placid. Barbara Bogle is a resident of PA. Lookup the home address and phone 6106490638 and other contact details for this person. For more than 20 years, he donated half his annual income to philanthropic causes, particularly those institutions that helped develop his mind and form his character. Jack operated at only two speeds, as fast as is humanly possible and stop, said Paul Miller, the late private investor and founding partner of Miller Anderson & Sherrerd, who was a close friend of Mr. Bogles for decades. Instead, he turned his company into one owned by its mutual funds, and in turn their investors, "that exists to provide its customers the lowest price. Popular Networth. 4 , Barbara Bogle Renninger, Jean Bogle, Nancy Bogle St. John Sandra Bogle Marucci, , John Jr. Andrew , 12 . In a lot of ways, the last decade, an extra decade of my life, has been the happiest of my life, Mr. Bogle said in 2008. His daughter Barbara Bogle Renninger served on the board of the Gesu School in North Philadelphia, where she was also a volunteer math tutor; his son Andrew was a patron of Robin Hood, a philanthropic organization established by investment bankers and hedge-fund managers to alleviate poverty in New York City. In addition to squash, Mr. Bogle enjoyed tennis and golf, sailing, and summering at Lake Placid, N.Y. Another family rite revolved around the Fourth of July, a holiday that evoked Mr. Bogles strong sense of patriotism. They had 12 . In an op-ed for the Wall Street Journal in 2018, he warned that the concentration of ownership created by indexing firms presented a threat to the markets. FUSE Research Network Award for Lifetime Impact and Commitment to Investors and Investment Management Consultants Association Richard J. Davis Ethics Award, 2010. There, Mr. Bogle ordered his customary breakfast of two eggs over easy, fried potatoes, two slices of rye toast and coffee, all of which he consumed, Stengel recalled, in an incredibly systematic way. August 29, 2022. The world wont be the same without Jack. Lives in Hutchinson, Kansas . Andrew has been found in 11 states including New York, Colorado, Arizona, Michigan, Pennsylvania. Everything else is incidental. Future industry growth can be maximized by a reduction of sales loads and management fees.. I do not believe that such concentration would serve the national interest, he wrote. Now known as Vanguard 500 Index Fund, it has grown to be one of the industry's largest, with more than $441 billion in assets (the sister fund, Vanguard Institutional Index Fund, has $221.5 billion in assets). Mr. Bogles father, an improvident charmer, was ill-equipped to cope. The firm, headquartered in Valley Forge, Pennsylvania, offers more than 413 funds to its more than 20 million investors worldwide. He genuinely liked talking to people and hearing their views. He studied economics at Boston's Harvard University and in his final year of university considered following in his parents' footsteps and pursuing a career in medicine. In early 1965, when Mr. Bogle was only 35, Morgan anointed him his successor. In investing, you get what you dont pay for. John Bogle was an investor, business magnate, and philanthropist best known as an originator and retired chief of The Vanguard Group. They had 12 . John Clifton Bogle of Bryn Mawr PA died at home on January 16, 2019, surrounded by his family. He kept his wits sharp by daily attacking the New York Times crossword puzzle, which he was known to complete in less than 20 minutes. He always went the extra mile to make sure there wasnt a single person who could not understand what he was saying.. Along the way, Mr. Bogle attracted his share of critics. Im contributing to society. I established my roots there, finding even more unimaginable diamonds," he wrote in one of his books. They sang patriotic songs (Lee Greenwoods God Bless the USA was a favorite), and Mr. Bogle raised a toast to the country of which he was so proud. When he had the heart transplant, it changed him dramatically. Although he played no role in managing Vanguard after 2000, he continued to show up every weekday, usually in suit and tie and shined shoes, to discharge his duties as president of the Bogle Financial Markets Research Center. Vanguard CEO Tim Buckley. Mr. Bogle attended Blair Academy in northwestern New Jersey, where he blossomed academically. Im doing what I want to do. Bogle, who had struggled with a congenital heart defect and had several heart attacks, had received a heart transplant in 1996. In a lot of ways, the last decade, an extra decade of my life, has been the happiest of my life, Mr. Bogle said in 2008. Did you mean: barbara bogle. Whatever moral standards I may have developed over my long life, I have tried to invest my own soul and spirit in the character of the little firm that I founded all those years ago, he wrote in his 2008 book, Enough: True Measures of Money, Business, and Life. He took chances on people because someone took a chance on him, said Stengel. Find the obituary of John Clifton Bogle (1929 - 2019) from Bryn Mawr, PA. Leave your condolences to the family on this memorial page or send flowers to show you care. John Bogle, founder of the Vanguard Group Inc., was chairman of the board of the National Constitution Center in 2006 when he stood beside one of his favorite signers, Alexander Hamilton, far left. He officially stepped down as chief executive of Vanguard in January 1996 and remained as chairman until the end of 1999. Along the way, Vanguard, which Mr. Bogle launched in 1974, became a titan in the financial-services industry, with 16,600 employees and over $5 trillion in assets by the end of 2018, and Mr. Bogle earned a reputation as not only an investing sage but a maverick whose integrity and old-fashioned values set an example that many admired and few could match. It sounds like toothpaste and beer.. John C. Bogle, 89, who revolutionized the way Americans save for the future, championed the interests of the small investor, and railed against corporate greed and the excesses of Wall Street, died of cancer Wednesday at his home in Bryn Mawr, his family confirmed. Like Perelman, Mr. Bogle carved a remarkable path. From there, he went to Princeton, which offered him a full scholarship and a job waiting tables in the dining hall. We could choose our own way of contributing, whether it be time or money or just our thoughts, but we knew that the default option is that youre going to give back.. The second best result is Barbara A Renninger age 70s in Lewistown, PA. When we were growing up, we were told that were very fortunate in so many ways and that we were expected to give back, Andrew Bogle recalled. When he did a book, he was so meticulous; hed rewrite and rewrite. A twin brother, David, died in 1994. Dianne Barb Bogle (Dianne Barb Bogle) See Photos. He was the author of at least 10 books, mainly about investing all of which he proudly wrote himself. It seems only a matter of time until index mutual funds cross the 50 percent mark. In recent years it has been hard to argue with that.