Jack Bogle (Investor)

Jack Bogle was an influential American investor and the founder of Vanguard Group, a major investment management company. He is best known for creating the first index mutual fund, which allows investors to buy a broad market index at a low cost. Bogle advocated for passive investing, emphasizing that most investors would benefit from low fees and long-term investment strategies rather than trying to beat the market. His ideas revolutionized the investment industry, making investing more accessible and affordable for everyday people, and he was a strong proponent of financial transparency and investor rights.