To: Vanguard Veterans and Principals
\nFrom: John C. Bogle
\nDate: August 31, 2016
\nRe: 40th Anniversary of the Index Mutual Fund<\/p>\n
Hi, All,
\nToday, as you may well know, is the 40th anniversary of the first index mutual fund\u2014now Vanguard 500 Index Fund. There has been reasonably good press coverage of the event (none of which was solicited by me). I attach four of the major stories about the anniversary that have been published today.<\/p>\n
1. \u201cBirth of the Index Mutual Fund: \u2018Bogle\u2019s Folly\u2019 Turns 40<\/a>,\u201d The Wall Street Journal.<\/strong> I\u2019m enjoying this moment, and I hope you are too.<\/p>\n Best, *Since Vanguard is a family company, I\u2019ve bowdlerized this article.<\/p>\n","protected":false},"excerpt":{"rendered":" To: Vanguard Veterans and Principals From: John C. Bogle Date: August 31, 2016 Re: 40th Anniversary of the Index Mutual Fund Hi, All, Today, as you may well know, is the 40th anniversary of the first index mutual fund\u2014now Vanguard 500 Index Fund. There has been reasonably good press coverage of the event (none of […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","advanced_seo_description":"","jetpack_seo_html_title":"","jetpack_seo_noindex":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-1153","post","type-post","status-publish","format-standard","hentry","category-memos-to-principals-and-veterans"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/posts\/1153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/comments?post=1153"}],"version-history":[{"count":1,"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/posts\/1153\/revisions"}],"predecessor-version":[{"id":1154,"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/posts\/1153\/revisions\/1154"}],"wp:attachment":[{"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/media?parent=1153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/categories?post=1153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/tags?post=1153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\n 2. \u201cGuess Who Just Turned 40 and Is Worth $3.6 Trillion?<\/a>\u201d Bloomberg.<\/strong>
\n 3. \u201cThe First S&P 500 Index Fund Turns 40 Years Old Today<\/a>,\u201d Benzinga.<\/strong>
\n 4. \u201cA Salute to John Bogle, A Real F—— People\u2019s Hero<\/a>,\u201d The Concourse.*<\/strong><\/p>\n
\nJack<\/p>\n