The couple had six children - daughters Barbara Bogle Renninger, Jean Bogle, Nancy Bogle St. John, and Sandra Bogle Marucci, and sons John C. Bogle Jr and Andrew Armstrong Bogle. 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. His reputation as a tightwad was well earned. Mr. Bogle outlived three pacemakers, and kept a gym bag with a squash racket by his desk. . He always went the extra mile to make sure there wasnt a single person who could not understand what he was saying.. For six go-go years, the partnership flourished, but when stock prices plunged in 1974, Mr. Bogle was fired. It was that combative nature that had led him to start Vanguard in the first place. In early 1965, when Mr. Bogle was only 35, Morgan anointed him his successor. Your email address will not be published. Jack could have been a multi-billionaire on a par with Gates and Buffett, said William Bernstein, an Oregon investment manager and author of 12 books on finance and economic history. He was a trustee for the American Indian College Fund and The American College. John Bogle has changed a basic industry in the optimal direction, the Nobel laureate Paul A. Samuelson wrote in a foreword to Mr. Bogles book Bogle on Mutual Funds, published in 1993. Another family rite revolved around the Fourth of July, a holiday that evoked Mr. Bogles strong sense of patriotism. Mr. Morgan had read Mr. Bogles senior thesis on mutual funds. He was the author of at least 10 books, mainly about investing all of which he proudly wrote himself. At Blair and Princeton, Bogle endowed the Bogle Brothers Scholarships, which enabled scores of budding scholars to further their education. From there, he went to Princeton, which offered him a full scholarship and a job waiting tables in the dining hall. Are you looking for someone named as Dennis Bogle? Andrew Renninger, Barbara B Renninger, and five other persons spent some time in this place. He revered language, history, poetry, and classical wisdom, and frequently amazed and delighted people by reciting long passages of verse. 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. And then he stretched out and put his head on the back rest., Before nodding off, Mr. Bogle issued instructions: If anybody wonders what Im doing, tell them Im dead.. John Clifton Bogle, founder of The Vanguard Group, died on January 16, 2018 in Bryn Mawr, Pennsylvania. He wore the same wool ties and suits forever, said son Andrew Armstrong Bogle. The principal function of mutual funds is the management of their investment portfolios, Mr. Bogle wrote. I dont know any other story like it in American business history.. 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.. 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. It declared to the outside world that we were national and bipartisan, and aspired to the highest level of excellence., Mr. Bogle served on numerous boards during his career, including the board of governors of the Investment Company Institute, which he chaired in 1969 to 1970. We could choose our own way of contributing, whether it be time or money or just our thoughts, but we knew that the default option is that you're going to give back.. 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. . Lived In Willingboro NJ. Several years later, a management dispute with the principals of the new company led Mr. Bogle to depart; he founded Vanguard in 1974 to handle the administrative functions of the mutual funds overseen by Wellington Management. In the second half of the 1990s, he said, stock market investors were spoiled by average annual returns of more than 20 percent per year and, as a result, cared too little about the high expenses they were paying to mutual fund managers for those managers presumed expertise at picking stocks. Mr. Bogle and Vanguard again broke from industry tradition in 1977, when Vanguard ceased to market its funds through brokers and instead offered them directly to investors. Mortimer "Tim" Buckley, 48, was born in Boston, the child of a nurse and a surgeon. They had six children: daughters Barbara Bogle Renninger, Jean Bogle, Nancy Bogle St. John, and Sandra Bogle Marucci, and sons John C. Bogle Jr. and Andrew Armstrong Bogle. He followed that with Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor (1999); John Bogle on Investing: The First 50 Years (2000); Character Counts: The Creation and Building of The Vanguard Group (2002); Battle for the Soul of Capitalism (2005); The Little Book of Common Sense Investing (2007); Enough. August 29, 2022. 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 . /CNW/ - Vanguard announces the passing of John Clifton Bogle, founder of The Vanguard Group, who died today in Bryn Mawr, Pennsylvania. They sang patriotic songs (Lee Greenwoods God Bless the USA was a favorite), and Mr. Bogle raised a toast to the country of which he was so proud. Enjoy a celebratory evening of cocktails and hors d'oeuvres, dinner, the presentation of the Gesu Spirit Medal to Peter G. Gould & Reverend Stephen D. Thorne, and inspiring stories, art, and performances from Gesu School students. He kept his wits sharp by daily attacking the New York Times crossword puzzle, which he was known to complete in less than 20 minutes. He popularized and became the leading proponent of indexing, the practice of structuring an investment portfolio to mirror the performance of a market yardstick, like the Standard & Poors 500 stock index. He served as the first chairman of the board of trustees and chairman emeritus for the National Constitution Center. At first, Mr. Bogle floundered, and his low grades in economics, his major, almost cost him his scholarship. 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 . Vanguard is one of the world's largest investment management companies. Residents of 19096 pay approximately $1,780 a month for a 2-bedroom unit. There will be things youll do that youll wish you hadnt, and things you wont do that youll wish you had. His grandfather, a prosperous merchant, founded a company that became part of the American Can Co., and Mr. Bogles early years in Montclair, N.J., were affluent. He liked to write his own speeches. The investment world recently lost an investment legend and below is a tribute by Vanguard to their founder Jack 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.. Mr. Bogle attended Blair Academy in northwestern New Jersey, where he blossomed academically. Quoting: Anonymous Coward 37135144. View contact information: phones, addresses, emails and networks. Mr. Bogles father, an improvident charmer, was ill-equipped to cope. More than a successful businessman, Mr. Bogle was a capitalist with a soul. In 2010, Forbes magazine described him as the person who "has done more good for investors than any other financier of the past century." For his pioneering of the index concept for individual investors, Mr. Bogle was often called the "father of indexing.". Three index fund managers dominate the field with a collective 81 percent share of index fund assets: Vanguard has a 51 percent share; BlackRock 21 percent; and State Street Global 9 percent. Bogle wrote 12 books, selling over 1.1 million copies worldwide. My dad may have seemed like a hard-charging businessman, but underneath there was real emotion and care and concern and empathy, said daughter Barbara. 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. In addition to squash, Mr. Bogle enjoyed tennis and golf, sailing, and summering at Lake Placid, N.Y. Mr. Bogle, known as Jack, was born. It sounds like toothpaste and beer.. I wanted to send a message that our battle-hardened Vanguard Group would be victorious in the mutual fund wars, Bogle wrote in Enough, and that our vanguard would be, as the dictionary says, the leader in a new trend. . 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. Six persons, including Barbara Bogle, Scott D Renninger, Andrew Renninger, Barbara B Renninger, Christina Renninger, Rebecca M Renninger, listed the phone number (610) 649-0638 as their own, various documents indicated. Andrew has the phone number (610) 649-0638 (Verizon Pennsylvania, Inc). He was a social critic, civic leader, mentor, and philanthropist whose generosity to the institutions that shaped his character, notably Blair Academy and Princeton University, far outstripped his legendary frugality. 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. John Bogle was an investor, business magnate, and philanthropist best known as an originator and retired chief of The Vanguard Group. They had six children: daughters Barbara Bogle Renninger, Jean Bogle, Nancy Bogle St. John, and Sandra Bogle Marucci, and sons John C. Bogle Jr. and Andrew Armstrong Bogle. Mr. Bogle is survived by his wife, and his children: Andrew Armstrong Bogle, Barbara Bogle Renninger, Jeanne Bogle England, Nancy Bogle St. John, Sandra Hipkins Bogle and John C. Bogle Jr. The second best result is Barbara A Renninger age 70s in Lewistown, PA. Bogle was a best-selling author, beginning with Bogle on Mutual Funds: New Perspectives for the Intelligent Investor in 1993. There will be things youll do that youll wish you hadnt, and things you wont do that youll wish you had. He had no desire to be ostentatious, and he didnt hang out with just investment titans. His greatest accomplishment, Mr. Bogle often said, was putting the mutual back in mutual funds. His most important innovation was the index fund. In investing, you get what you dont pay for.. The thesis earned Mr. Bogle a top grade, and he graduated magna cum laude. Mr. Bogle especially loved to write. He was 89. The world wont be the same without Jack. In 1967, Mr. Bogle led the merger of Wellington Management Company with the Boston investment firm Thorndike, Doran, Paine & Lewis (TDPL). Even as he became more prominent, he did not change within the family. Mr. Bogles response was to switch doctors. . It seems only a matter of time until index mutual funds cross the 50 percent mark. From the station or airport, he walked to his destination rather than taking a cab, or hailed a cab rather than riding in a limo, even in his 70s. The firm, headquartered in Valley Forge, Pennsylvania, offers more than 413 funds to its more than 20 million investors worldwide. That he was correct in calling them the croupiers at the gambling table did not endear him to the profession., Simply put, Jack cared, said William Bernstein. Vanguard managed its indexed mutual funds at cost, charging investors fees that were far lower than those of virtually all of its rivals. Bogle with Ed Rendell (left) and President Bill Clinton (right) in Philadelphia about 20 years ago. John Clifton Bogle of Bryn Mawr PA died at home on January 16, 2019, surrounded by his family. It declared to the outside world that we were national and bipartisan, and aspired to the highest level of excellence., Mr. Bogle served on numerous boards during his career, including the board of governors of the Investment Company Institute, which he chaired in 1969 to 1970. 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. A June wedding is planned. 139 views, 7 likes, 0 loves, 2 comments, 1 shares, Facebook Watch Videos from American Indian College Fund: It was an honor to present College Fund's Billapaache Award to the founder of Vanguard. When he was not touting the advantages of the Vanguard mode of investing, Mr. Bogle, a self-proclaimed battler by nature, was lambasting his professional brethren for rank speculation, reckless assumption of debt, obscene multimillion-dollar paychecks, and golden parachutes, and saying they had abdicated their duty as stewards in favor of self-interested salesmanship. Miss Bogle, a teaching assistant at the Brearley School in New York, graduated from the Shipley School in Bryn Mawr, Pa., and with the class of '83 from Trinity College . No-Load Mutual Fund Association's first Outstanding Achievement Award, 1986. Weary from the train trip, Mr. Bogle asked where he could catnap. Bogle, who had struggled with a congenital heart defect and had several heart attacks, had received a heart transplant in 1996. The following month, Mr. Bogle underwent heart transplant surgery. Select this result to view Barbara A Renninger's phone number, address, and more. His daughter Barbara Bogle Renninger served on the board of the Gesu School in North Philadelphia, where she was also a volunteer math tutor; his son Andrew was a patron of Robin Hood, a philanthropic organization established by investment bankers and hedge-fund managers to alleviate poverty in New York City. Mr. Bogle attended Blair Academy in northwestern New Jersey, where he blossomed academically. Also known as Barbara J Renninger, Barb Rush. The world wont be the same without Jack. He always went the extra mile to make sure there wasnt a single person who could not understand what he was saying.. He married Eve Sherrerd in 1956. Dianne Barb Bogle (Dianne Barb Bogle) See Photos. While Mr. Bogle was facile with numbers, he was much less interested in counting than in what counts, and his intellectual range was broad. "I loved Philadelphia, my adopted city that had been so good to me. In short order, Morgan became Mr. Bogles mentor. 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. When typing in this field, a list of search results will appear and be automatically updated as you type. Cost is a handicap on the horse. They had six children: daughters Barbara Bogle Renninger, Jean Bogle, Nancy Bogle St. John, and Sandra Bogle Marucci, and sons John C. Bogle Jr. and Andrew Armstrong Bogle. As of December 31, 2018, Vanguard managed $4.9 trillion in global assets. 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. Another family rite revolved around the Fourth of July, a holiday that evoked Mr. Bogles strong sense of patriotism. Now known as Vanguard 500 Index Fund, it has grown to be one of the industry's largest, with more than $441 billion in assets (the sister fund, Vanguard Institutional Index Fund, has $221.5 billion in assets). Like Perelman, Mr. Bogle carved a remarkable path. 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. He received honorary degrees from a dozen universities, including his alma mater, which also bestowed on him its highest accolade, the Woodrow Wilson Award, for distinguished achievement in the nations service.. Everything else pales by comparison. 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. If Vanguard runs a tight ship, its a direct reflection of its founder. Make a life-giving gesture 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. He was like a surrogate father to me, said former headmaster Chan Hardwick. Mr. Bogles father, an improvident charmer, was ill-equipped to cope. When he did a book, he was so meticulous; hed rewrite and rewrite. Din Merican, Your email address will not be published. Mr. Bogle, known as Jack, was born May 8, 1929 in Montclair NJ with his twin brot . In 1996, surgeons at Hahnemann University Hospital replaced his faulty heart with a strong one, ending a 128-day wait in the hospital. He kept his wits sharp by daily attacking the New York Times crossword puzzle, which he was known to complete in less than 20 minutes. Center for Corporate Excellence Exemplary Leader Award, 2006. Donald Smith Obituary Pennsylvania,
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