“Boffo for Bogle.” Philadelphia Inquirer, February 18, 2018. A nice article celebrating the twentieth anniversary of the Bogleheads forum. In February 1998, the Bogleheads began corresponding through Morningstar’s online forums. Originally titled “Vanguard Diehards,” the group steadily grew larger and, in 2007, moved to its own non-commercial forum Bogleheads.org. The forum now has some 64,000 registered members, 1.5 million unique visits each month, and 1,000 to 1,500 new posts every day. The article’s carryover headline on the second page was also nice: “Finance and Bogle-worship.”
“Vanguard Investors Kept Their Cool during Stock-Market Turmoil,” MarketWatch, February 19, 2018. This review of Vanguard’s recent announcement noted that the vast majority of Vanguard investors “stayed the course” during the recent volatility. Vanguard’s Center for Investor Research found that 97% of Vanguard households made no trades from Feb. 2 through Feb. 9.
The article concludes that Vanguard’s long-term-investment “ethos does seem ingrained in individual Vanguard investors, who sometimes dub themselves ‘Bogleheads’ in acknowledgment of the founder’s investing principles.”
A special surprise was journalist Ryan Vlastelica’s opening: “The founder of Vanguard, who has long advocated that investors take a simple approach to their portfolios by buying low-fee index funds and holding them for the very long term, seems to have taught his lesson well. . . . Jack Bogle should be proud.” I am proud . . . of all that we have accomplished together.
Best,
Jack
John C. Bogle
February 21, 2018