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    John Bogle: The Defiant Patron Saint of Index Investing

    by Steven Goldberg, Contributing Columnist, Kiplinger.com Jan 17, 2019 4 minutes

    They called his quixotic little mutual fund "Bogle's Folly," "a sure path to mediocrity" and even "un-American" after he introduced it in 1976. But Vanguard founder John C. Bogle - who died Wednesday, Jan. 16, at age 89 - had the last laugh.

    Vanguard has grown into a $5.3 trillion juggernaut with 16,600 employees worldwide, making it one of the world's largest investment companies. And what has fueled (and continues to fuel) its long-lasting growth is low-cost investing, in general, and the index fund, in particular.

    Bogle's many admirers called him "Saint Jack" for his efforts to slash investing costs. inspired a popular investment website, Bogleheads.org, which describes itself as offering "investing advice inspired by John Bogle." He authored numerous books,

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