{"id":1216,"date":"2018-02-22T15:30:49","date_gmt":"2018-02-22T20:30:49","guid":{"rendered":"http:\/\/johncbogle.com\/wordpress\/?p=1216"},"modified":"2018-02-22T15:30:49","modified_gmt":"2018-02-22T20:30:49","slug":"memo-to-veterans-and-principals-22","status":"publish","type":"post","link":"https:\/\/johncbogle.com\/wordpress\/2018\/02\/22\/memo-to-veterans-and-principals-22\/","title":{"rendered":"Memo to Veterans and Principals"},"content":{"rendered":"<p><strong>\u201c<a href=\"http:\/\/www.philly.com\/philly\/business\/the-bogleheads-celebrate-20-years-of-low-cost-index-funds-with-patron-saint-jack-bogle-20180216.html\" target=\"_blank\" rel=\"noopener\">Boffo for Bogle<\/a>.\u201d<\/strong> <em>Philadelphia Inquirer<\/em>, February 18, 2018. A nice article celebrating the twentieth anniversary of the Bogleheads forum. In February 1998, the Bogleheads began corresponding through Morningstar\u2019s online forums. Originally titled \u201cVanguard Diehards,\u201d 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\u2019s carryover headline on the second page was also nice: <strong>\u201cFinance and Bogle-worship.\u201d<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>\u201c<a href=\"https:\/\/www.morningstar.com\/news\/market-watch\/TDJNMW_20180216351\/vanguard-investors-kept-their-cool-during-stockmarket-turmoil.html\" target=\"_blank\" rel=\"noopener\">Vanguard Investors Kept Their Cool during Stock-Market Turmoil<\/a>,\u201d <\/strong><em>MarketWatch<\/em>, February 19, 2018. This review of Vanguard\u2019s recent announcement noted that the vast majority of Vanguard investors \u201cstayed the course\u201d during the recent volatility. Vanguard\u2019s Center for Investor Research found that 97% of Vanguard households made no trades from Feb. 2 through Feb. 9.<\/p>\n<p>The article concludes that Vanguard\u2019s long-term-investment \u201cethos does seem ingrained in individual Vanguard investors, who sometimes dub themselves \u2018Bogleheads\u2019 in acknowledgment of the founder\u2019s investing principles.\u201d<\/p>\n<p>A special surprise was journalist Ryan Vlastelica\u2019s opening: \u201cThe 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.\u201d I <em>am<\/em> proud . . . of all that we have accomplished together.<\/p>\n<p>&nbsp;<\/p>\n<p>Best,<\/p>\n<p><em><strong>Jack<\/strong><\/em><\/p>\n<p>&nbsp;<\/p>\n<p><strong>John C. Bogle<\/strong><\/p>\n<p><strong>February 21, 2018\u00a0\u00a0\u00a0\u00a0 <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>\u201cBoffo for Bogle.\u201d 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\u2019s online forums. Originally titled \u201cVanguard Diehards,\u201d the group steadily grew larger and, in 2007, moved to its own non-commercial forum Bogleheads.org. The forum now has some 64,000 [&hellip;]<\/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":[5],"tags":[],"class_list":["post-1216","post","type-post","status-publish","format-standard","hentry","category-press-clippings"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/posts\/1216","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=1216"}],"version-history":[{"count":1,"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/posts\/1216\/revisions"}],"predecessor-version":[{"id":1217,"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/posts\/1216\/revisions\/1217"}],"wp:attachment":[{"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/media?parent=1216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/categories?post=1216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/johncbogle.com\/wordpress\/wp-json\/wp\/v2\/tags?post=1216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}