In his last major interview, Jack Bogle gave a warning about this bull market

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Jack Bogle, founder of index fund giant Vanguard Group, warned investors to prepare for 2019 by decreasing exposure to stocks and increasing investment in defensive strategies.

 

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Vanguard founder Jack Bogle dies at 89; pioneered the index fundA towering figure in finance, he revolutionized American investment with his invention of the index fund. Well I guess one has to pioneer something... RIP Brilliant
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Jack Bogle defined value in more ways than oneThe Vanguard founder turned the once-heretical idea of indexing the broad stock market into the dominant form of investing. Instead of pursuing riches, he spread the low-cost ethos, saving investors untold billions and building a $5 trln juggernaut. Talk about wealth creation.
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Jack Bogle feared this one thing most and it drove him to revolutionize investing with VanguardFormer Vanguard Group Chairman and CEO F. William McNabb's first, and most impactful, meeting with Vanguard founder Jack Bogle was an interview for a product manager position in the 401k business in 1986.
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Jim Cramer: Jack Bogle was despised in the business and he loved it'He hated the way business was done in this country. He hated Wall Street,' MadMoneyOnCNBC's Jim Cramer said of the late Jack Bogle. 'There were a lot of people that were his enemies and a lot of them are praising him today. And they are two-faced.' Bogle LOVED the way business was done in this country - thats how Vanguard got so huge. Vanguard has lots of actively managed funds, they just do it cheaper Says the guy who called Eddie Lampert the next WarrenBuffett...
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Jack Bogle | ReinventionLessons from the 100 Greatest Business Minds More like scoutweb plus you should not be closing doors at the billion dollar almost trillion dollar level. If I make that much money and can still be taken out by some stupid hood retards then maybe inheritance isn’t the answer. Or genetics. Funny, it the same as the burglar's motto. This really just sounds like 'someone closed a door of opportunity on you? Case the joint and break a window.'
Source: Forbes - 🏆 394. / 53 Read more »