Even as he became more prominent, he did not change within the family. He took chances on people because someone took a chance on him, said Stengel. He told me the most important thing in a relationship is trust, and trust is based on honesty. True Measures of Money, Business, and Life(2008); Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition (2009); Don't Count on It! The essential message is, stop focusing on self and start thinking about service to others. But the Great Depression eventually erased the family fortune. John C. Bogle: John C. Bogle hrek, John C. Bogle cikkek. Reading was among his pleasures, as was The New York Times crossword puzzle, which he often completed in less than 20 minutes. If youre honest with me, Ill support you fully. . He had no desire to be ostentatious, and he didnt hang out with just investment titans. His reputation as a tightwad was well earned. If Vanguard runs a tight ship, its a direct reflection of its founder. Headstrong and impulsive, Mr. Bogle arranged a merger with high-flying investment managers in Boston. Everything else pales by comparison. He held our industry to a higher standard than it held itself, and I think a lot of people took umbrage at that, said Arthur Zeikel, a former Merrill Lynch & Co. CEO who knew Mr. Bogle for decades. When he did a book, he was so meticulous; hed rewrite and rewrite. It was not about wealth, power, fame and other conventional notions of success, he concluded. His zeal for his mission of helping investors get a fair shake was legendary. Related To Samantha Rush, Raymond Rush, Brrush Rush. Of very few this can be said.. Vanguard CEO Tim Buckley. He was literally reborn, and he really appreciated the chance of having a second go at life.. A true giant of the industry, Bogle was virtually the creator of index mutual funds and ETFs, and passive investing in general. Nevertheless, Mr. Bogle, to use a pet phrase, pressed on regardless. After retiring as Vanguards chairman and CEO in 1996 and its senior chairman in 2000, he became president of the Bogle Financial Markets Research Center, quartered in the Victory Building on the Vanguard campus. When typing in this field, a list of search results will appear and be automatically updated as you type. A few months later, he was back in the office, writing and speaking about issues of importance to mutual fund investors. Two of his children followed his example of service in an obvious way. The world wont be the same without Jack. This phone number may belong to other persons Barbara Bogle, David B Renninger, Andrew Renninger, Barbara B Renninger, Christina Renninger, Rebecca M Renninger. . The third result is Barbara Renninger age 30s in . John Clifton "Jack" Bogle (May 8, 1929 - January 16, 2019) was an American investor, business magnate, and philanthropist.He was the founder and chief executive of The Vanguard Group, and is credited with creating the index fund.An avid investor and money manager himself, he preached investment over speculation, long-term patience over short-term action, and reducing broker fees as much as . If that were to happen, the Big Three might own 30 percent or more of the U.S. stock market effective control. Mr. Bogle enjoyed helping the ordinary man of modest means make money. In recent years it has been hard to argue with that. And they wont be foolish enough to think that they can consistently outsmart the market.. They had 12 grandchildren and six great . He was just as comfortable, if not more so, with someone whose cab he happened to get into, talking to people in the subway or to a waiter at the Princeton Club. He was like the last honorable man, a complete straight-shooter, said Rick Stengel, former managing editor of Time and former president of the National Constitution Center, where he worked closely with Mr. Bogle, who then chaired the centers board. In 1999, Fortune named Mr. Bogle one of the investment industrys four giants of the 20th century, and in 2004, Time listed him among the 100 most influential people in the world. He was also a fellow of the American Philosophical Society and the American Academy of Arts and Sciences. At Blair and Princeton, Bogle endowed the Bogle Brothers Scholarships, which enabled scores of budding scholars to further their education. AKA: Lynn Renninger, Lynn L Renninger Related to: David Bogle Renninger , Katherine L Connolly , Lynn K Long , Barbara B Renninger , Melissa Lee Weymouth , Suzanne M Farrington , Catherine Flaherty +4 more show less Bogle with Ed Rendell (left) and President Bill Clinton (right) in Philadelphia about 20 years ago. He was just as comfortable, if not more so, with someone whose cab he happened to get into, talking to people in the subway or to a waiter at the Princeton Club. Vanguard veterans say that Mr. Bogle and Mr. Brennan barely spoke, if at all, in the years afterward. If that were to happen, the Big Three might own 30 percent or more of the U.S. stock market effective control. Mr. Bogle wrote 12 books, selling over 1.1 million copies worldwide. He revered language, history, poetry, and classical wisdom, and frequently amazed and delighted people by reciting long passages of verse. He was just as comfortable, if not more so, with someone whose cab he happened to get into, talking to people in the subway or to a waiter at the Princeton Club. Today, index funds account for more than 70% of Vanguard's $4.9 trillion in assets under management; they are offered by many other fund companies as well and they make up most exchange-traded funds (ETFs). From there, he went to Princeton, which offered him a full scholarship and a job waiting tables in the dining hall. 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. . Thank you to our Gala Co-Chairs Gretchen & Gordon Cooney and Anne & David Hilton, as well as the 2016 Gesu Gala Committee for their . That philosophy attracted a following, including a group of grateful devotees who called themselves the Bogleheads, and convened annually to swap investment advice and pay homage to the man who had done so much to nourish their portfolios. Motivated by a mix of pragmatism and idealism, Mr. Bogle was regarded by friends and foes alike as the conscience of the industry and the sheriff of Wall Street. When he did a book, he was so meticulous; hed rewrite and rewrite. After he sent a copy to Walter Morgan, Class of 1920 and founder of the Wellington Fund, based in Philadelphia, Morgan hired Mr. Bogle. He received honorary doctorate degrees from Villanova University, Trinity College, Georgetown University, Princeton University, the University of Delaware, University of Rochester, New School University, Susquehanna University, Eastern University, Widener University, Albright College, The Pennsylvania State University, Drexel University, and Immaculata University. Did you mean: barbara bogle. Much of his own altruism stems from the fact that he was a scholarship kid., It will surprise no one who knew Jack that he directed his support to financial aid and promoting community service, said former Princeton president Shirley Tilghman. Eve Bogle: Children: Yes (Sandra Bogle Marucci, Jean Bogle, Nancy Moore Bogle, Andrew Armstrong Bogle, Barbara Bogle Renninger, John Bogle Jr.) Dating/Girlfriend (Name): N/A: Profession: Investor, business magnate, and philanthropist: Net Worth in 2022: $85 million: Last Updated: December 2022 Looking back now, I find it remarkable that he was able to work as hard as he did but still say, This is a priority and what Im going to do be home every night.. 4 , Barbara Bogle Renninger, Jean Bogle, Nancy Bogle St. John Sandra Bogle Marucci, , John Jr. Andrew , 12 . His greatest accomplishment, Mr. Bogle often said, was putting the mutual back in mutual funds. His most important innovation was the index fund. After giving up the chief executive title to his handpicked successor, John J. Brennan, Mr. Bogle openly disagreed with several of Mr. Brennans decisions. John C. Bogle, who founded the Vanguard Group of Investment Companies in 1974 and built it into a giant mutual fund company, with $4.9 trillion in assets under management today, died on Wednesday at his home in Bryn Mawr, Pa. Mr. Bogle also went a step further in differentiating Vanguard from other companies that sponsor mutual funds. Press Clippings. Vanguard announces the passing of John Clifton Bogle, founder of The Vanguard Group, who died today in Bryn Mawr, Pennsylvania. Mr. Bogle wasnt afraid to criticize his own index fund creation which he wrote may have grown too large. Select this result to view Barbara A Renninger's phone number, address, and more. After he hired me, he said, Youre going to make mistakes. He officially stepped down as chief executive of Vanguard in January 1996 and remained as chairman until the end of 1999. In his 70s, he displayed the energy of men half his age, and his pace and ambition were the more remarkable because of his lifelong battle with heart disease, the result of a congenital defect that affected the hearts electrical current. They had 12 grandchildren and six great . For more information, visit vanguard.com. John C. Bogle (1929- ) founded the mutual fund company Vanguard and is a leader in the mutual fund industry. The thesis earned Mr. Bogle a top grade, and he graduated magna cum laude. He never failed to mention, in speech after speech and talk after talk, that money managers had failed miserably to earn their high fees, said Miller, the investment manager and longtime friend. Mr. Bogle characterized his pugnacious relationship with the financial industry as a lovers quarrel. His mission, he said, was simple: to return capitalism, finance, and fund management to their roots in stewardship. Not to worry, Mr. Bogle said. Mr. Bogle, a chipper and unpretentious man who invited everyone to call him Jack, was founder and for many years chairman of the Vanguard Group, the Malvern-based mutual-fund company, where he pioneered low-cost, low-fee investing and mutual funds tied to stock-market indexes. Jack Bogle. Lived In Willingboro NJ. Mr. Bogle is survived by his wife Eve, daughters Barbara Bogle Renninger (Scott), Jean Bogle, Nancy Bogle St John (Gordon), and Sandra Bogle Marucci (Buddy), sons John Clifton Bogle Jr . With his new pump, Mr. Bogle experienced an adolescent surge of vitality that left associates panting to keep up. As of December 31, 2018, Vanguard managed $4.9 trillion in global assets. You want to be average and then win by virtue of your costs, Mr. Bogle said. In 1996, surgeons at Hahnemann University Hospital replaced his faulty heart with a strong one, ending a 128-day wait in the hospital. stock market research Find your friends on Facebook. 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. 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. Daughter: Nancy Moore St. John Daughter: Sandra Hipkins Bogle Marucci Refusing to surrender, Mr. Bogle persuaded the board of Wellington to split from the management company that canned him and appoint him to administer the funds at cost, thereby saving a bundle in fees. Mr. Bogles net worth was generally estimated at $80 million last year. Trumps America First philosophy has created a less stable world, Malaysias Greatest Crisis: Loss of National Pride and Unity, RCEP-Regional Comprehensive Economic Partnership, Techo Sen School of Government and International Relations. Mr. Bogle especially loved to write. Are you looking for someone named as Dennis Bogle? Im writing what I want and saying what I want, and I think my name and reputation, for whatever thats worth, have been enhanced.. So he walked into this little office and pushed a chair over so its back was on the floor, Falloon recalls. He served his university on many occasions from leading the Class of 1951 at its 25th reunion to advising the Princeton University Investment Co.. He married Eve Sherrerd in 1956. I dont think theres an author who spent greater care on the words he chose, said Falloon, the Wiley editor who worked with Mr. Bogle. John C. Bogle, then chairman and president, Wellington Fund in 1974. erelman, the master deal-maker and philanthropist who gave away more than $300 million to the University of Pennsylvania and other causes, died Monday at his home in Philadelphia. Cost is a handicap on the horse. A rift developed between them, which contributed to Mr. Bogles failure to persuade Vanguards board of directors to allow him to stay on past the traditional retirement age of 70. After his heart transplant in 1996, he returned to good enough health that he was able to play squash daily. To describe his new venture, Mr. Bogle coined the term "The Vanguard Experiment." Another family rite revolved around the Fourth of July, a holiday that evoked Mr. Bogles strong sense of patriotism. Academic recognitionThe academic community recognized Mr. Bogle's for his accomplishments. Mr. Bogle pioneered low-cost, low-fee investing that was ridiculed at first, but would enable millions of ordinary Americans to build wealth. Mr. Bogle had hoped that the Vanguard model structurally correct, mathematically correct, and ethically correct would goad other investment firms to give customers a fairer shake. Vanguards consistent growth produced riches for Mr. Bogle, but not to the extent that another ownership structure might have done. When he was 37, his doctor advised him to retire. 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. Bill Falloon, an editor at John Wiley & Sons, remembers when Mr. Bogle visited the publishers Park Avenue office for a marketing strategy meeting about Mr. Bogles The Little Book of Common Sense Investing. Its about being a good husband, a good father, a good colleague, a good member of the community. I do not believe that such concentration would serve the national interest, he wrote. Two years later, Mr. Bogle founded the First Index Investment Trust, later called the Vanguard Index Trust, now known as the Vanguard 500 Index Fund, the first index fund for individual investors. Also known as Barbara J Renninger, Barb Rush. Mortimer "Tim" Buckley, 48, was born in Boston, the child of a nurse and a surgeon. 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. Fortune magazine designated him one of the investment industry's four "Giants of the 20th Century" in 1999. A champion of the individual investor, Mr. Bogle is widely credited with helping to bring increased disclosure about mutual fund costs and performance to the public. No-Load Mutual Fund Association's first Outstanding Achievement Award, 1986. 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. John Clifton Bogle was born in Montclair, N.J., on May 8, 1929. National Council on Economic Education Visionary Award, 2007. Seven years later, a management dispute with the principals of TDPL led Mr. Bogle to form Vanguard in September 1974 to handle the administrative functions of Wellington's funds, while TDPL/Wellington Management would retain the investment management and distribution duties. Mr. Bogle especially loved to write. Mr. Bogle also wrote numerous articles and commentaries for trade and business publications. Barbara Bogle, Barbara B Renninger, and five other persons are also associated with this address. That philosophy attracted a following, including a group of grateful devotees who called themselves the Bogleheads, and convened annually to swap investment advice and pay homage to the man who had done so much to nourish their portfolios. Im contributing to society. Mr. Bogle graduated from Blair Academy in Blairstown, N.J., and, in 1951, from Princeton; he was a scholarship student at both. When he was president of the Constitution Center, Stengel regularly met Mr. Bogle for power breakfasts at one of Mr. Bogles favorite eateries, Bennys Place at Fourth and Chestnut Streets. The principal function of mutual funds is the management of their investment portfolios, Mr. Bogle wrote. 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. He married Eve Sherrerd in 1956. "We must hold ourselves to higher standards, standards of trust and fiduciary duty. n his 70s, he displayed the energy of men half his age, and his pace and ambition were the more remarkable because of his lifelong battle with heart disease, the result of a congenital defect that affected the hearts electrical current. Mr. Bogle is survived by his wife, and his children: Andrew Armstrong Bogle, Barbara Bogle Renninger, Jean Bogle, Nancy Bogle St. John, Sandra Hipkins Bogle and John C. Bogle Jr. A private service will be held next week. Mr. Bogle had his first heart attack in 1960, when he was only 30, and his heart stopped numerous times thereafter. On file we have 27 email addresses and 19 phone numbers associated with Andrew in area codes such as 607, 609, 610, 336, 623, and 8 other area codes. He also served as chairman of the Investment Companies Committee of the National Association of Securities Dealers Inc. (now FINRA) from 1972 to 1974. He was like a surrogate father to me, said former headmaster Chan Hardwick. He was the author of at least 10 books, mainly about investing all of which he proudly wrote himself. He took chances on people because someone took a chance on him, said Stengel. Barbara Bogle is a resident of PA. Lookup the home address and phone 6106490638 and other contact details for this person. It seems only a matter of time until index mutual funds cross the 50 percent mark. As a subscriber, you have 10 gift articles to give each month. 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. While Mr. Bogle was facile with numbers, he was much less interested in counting than in what counts, and his intellectual range was broad. Popular Networth. View contact information: phones, addresses, emails and networks. He was 89. 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 worked in several departments before becoming assistant to the president in 1955, the first in a series of executive positions he would hold at Wellington: 1962, administrative vice president; 1965, executive vice president; and 1967, president. He was a trustee for the American Indian College Fund and The American College. 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