John C. Bogle

Over four decades of work as a life and business strategist have earned me personal access to many of the world's most brilliant financial minds, many of whom happen to also be fans of my work.

From Alan Greenspan to Ray Dalio to the late Jack Bogle to Paul Tudor Jones and countless others, I've had the pleasure of sitting down with these titans of investing to extract the tools.

The tactics, and the mindset that anyone at any stage of life can and should apply in their quest for financial freedom.

Their generosity of time and principles helped me form a trio of financial playbooks, and I really encourage you to read the others if you haven't done that already.

Yeah.

Um, uh, two from ETF investor, uh, John Bogle's, uh, "Don't look for the needle in the haystack.

Buy the haystack"-

Oh, yes

It doesn't have to be about money.

I will make it about money, mate, and I will make it Jack Bogle's comments about the story he tells about enough.

And I will butcher the story, but Kurt Vonnegut and Catch-22 Ryder, whose name escapes me, please help me, Chris, because I've lost it entirely.

Anyway, they're in the room at a hedge fund manager's party.

It does feel like Vanguard's a good buyer.

I mean, I applaud Vanguard and Jack Bogle for you know, for really leading the way in terms of democratizing investing.

So they aligned, you know, the investor as an owner of Vanguard.

And through that alignment, they had a big incentive to drive the cost of investing down, right? They drove fees down and that changed investing for Last few generations of investors, we had both the index fund and just much lower fees.

So passive requires active decisions.

So here's the part that I really want to land on, and I'll let somebody that used to work at Vanguard for John Bogle sort of make the point for me.

Andy Clarke, he spent a couple of decades at Vanguard.

He says he doesn't even like the word passive.