February 22, 2012

To Principals and Veterans,

As one who wrote a book entitled Enough., I’m wondering whether my mission to serve investors hasn’t now gotten “enough” attention in this 60th year of my career.

I raise this (delightful) concern following the “JCB Legacy Day” celebration on Wall Street three weeks ago, for this morning I received a copy of the current issue of Journal of Indexes, devoted almost entirely to my work-”The Bogle Issue.”

It includes comments from a wide range of industry participants about my role in making the financial world-and especially the mutual fund world-a better place for investors. Particularly interesting are the kind comments of our own Gus Sauter and Burt Malkiel, and the analysis of Chris Philips in “The Case for Indexing.” (Thanks, group!)

I’m attaching just a few excerpts from the 64 pages(!) published in JOI, including the crossword puzzle (pretty exciting to have that!).

I’ll get some extra copies of “The Bogle Issue” for those who want to see more of it … though I expect that most of you will find these attachments “enough.”

Best,

Jack Bogle

Journal of Indexes Attachment

Video from a recent conversation with Betty Liu at the Bloomberg Portfolio Manager Mash-Up conference on February 16th in New York.

February 1, 2012

To Principals and Veterans,

Yesterday, a star-studded group of our nation’s investment leaders celebrated my 60th anniversary in the financial field. “The John C. Bogle Legacy Forum” took place at the Museum of American Finance on Wall Street, and I must tell you that this recognition delighted my soul (even as I was embarrassed that, despite my good intentions, my pride sometimes peeped out).

I’m pleased to attach a few items that you might enjoy:

Pages 1-4 -The Forum program.
Page 5 -President Clinton’s welcome.
Page 6-8 -My opening remarks.

You should know that I had to overcome my extreme reluctance to circulate this summary of a true “red-letter” day in my life and career. But there’s no other way to inform the many ofyou who care, and for that I am in your eternal debt.

“Stay the Course,” and best, always,

Jack

John C. Bogle Legacy Forum 1-31-12

Video of the discussion between Jack Bogle and Paul Volcker, moderated by Kathleen Hays, host of The Hays Advantage on Bloomberg Radio, from the January 31, 2012 John C. Bogle Legacy Forum at the Museum of American Finance in New York.

Here is the second segment from Mr. Bogle’s appearance on the CBS Evening News along with a segment that aired on The Early Show.

Below is a link to Mr. Bogle’s appearance on the CBS Evening News.  Mr. Bogle participated in a forum focused on America’s economic problems and what needs to be done to address them.

Jack Bogle on CBS Evening News, Part 1

November 4, 2011

To Principals and Veterans:

Three items that may be of interest:

Next Monday and Tuesday (and possibly Wednesday), CBS Evening News will present excerpts from a group interview yesterday on the problems facing America, our nation’s challenges and our hopes.  The interview was conducted by new anchor Scott Pelley (moving over from “60 Minutes”).  He did, I thought, a really outstanding job.  I was honored to be part of the ten-person panel – a diverse group of citizens of various ages, genders, races, and backgrounds.  If you happen to catch any of the shows, I’d be interested in your reaction.

Last Friday, Michael Smerconish wrote a generous column in The Philadelphia Inquirer, discussing my reaction to the “Occupy Wall Street” movement and its many aspects.  In case you missed it, a copy is attached.  (Not sure about being called a “patrician.”)

Virtually every day, I receive complimentary letters about Vanguard and my long career.  I couldn’t possibly circulate all of them, but I just received a very special one.  It comes from James Grant, publisher of Grant’s Interest Rate Observer and host of a well-attended and prestigious semi-annual forum for senior money managers.  Their reaction to Jim’s interview with me was truly remarkable.  He describes it in his lovely letter, also attached.

Thanks to you all for doing the exceptional work you do.  Happily, much of it continues to reflect on me.

                                                                                              Best,

                                                                                              Jack

Attachment – Michael Smerconish article and note from James Grant.

Below is the presentation Mr. Bogle gave to the Bogleheads X Reunion on October 13. The slides cover a range of topics, including Vanguard’s position in the mutual fund industry, “The Triumph of Indexing,” and the effects of ETFs on the industry. Enjoy!

Bogleheads X Presentation