The renowned John Bogle founded Vanguard in 1974 and brought low-cost investing to the public. In return, his firm has grown into the largest mutual fund company in terms of assets; it took in one of every three dollars of new, long-term investor money over the first four months of this year. At 83, Bogle no longer heads Vanguard, but he continues his mission to give investors a fair shake. His latest book, The Clash of the Cultures: Investment vs. Speculation, came out in August.
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