Skip to main content
Message Font: Serif | Sans-Serif
No. of Recommendations: 3
There may be something in John Bogle's "John Bogle on Investing: The First 50 Years" that may be useful.

Hi JB,

Personally, I am really looking forward to "John Bogle: The Early Days" which I understand is now in preparation. I hear that this one is going to be kind of like a prequel to his others, with lots of reminiscing and inside stories. The youthful Bogle apparently made quite a stir, flouting conventional financial theories, and trading investment tips with Alexander Hamilton and Adam Smith.

Apparently Bogle even started the first-ever mutual fund, but kept it secret since it allowed freed black slaves to purchase shares, and political pressures made it dangerous to discuss. The little-known fund is still going, now housed in some back room at Vanguard but never discussed publicly until now. Rumor has it that the fund has been run so efficiently that a $1,000 investment at its founding in 1795 has only accrued 85 cents in expenses in all the time since then.

A book like that would be a great stocking stuffer!

Print the post  


What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.