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

Jack Bogle on CBS Evening News, Part 1

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.

Bogleheads X Presentation

Bogle on realistic market expectations and low-cost bond funds.

Bogle on alternative investments and inflation protection.