
I’m declaring today “Jack Bogle Day”, not just because I watched the webcast celebrating Bogle’s 65 years in the financial services industry, but because he deserves it.
Bogle is famous for two innovations:
Creator of the first index fund and the first truly mutual fund

I’m declaring today “Jack Bogle Day”, not just because I watched the webcast celebrating Bogle’s 65 years in the financial services industry, but because he deserves it.
Bogle is famous for two innovations:


If a CEO messes up, you pay for it. (I’m assuming that you 1) Own the stock or 2) Live in America). Given that average Fortune 500 CEO compensation is over 10 million, it doesn’t seem unreasonable to demand that the CEO add value.
Let’s look at the big questions…