Endorse: for the upper middle class who own stocks, Jack ...

Endorse: for the upper middle class who own stocks, Jack Bogle was the greatest philanthropist of this or any age. He could have claimed to have alpha magic and collected a vast fortune, but he worked for his clients and the public instead: Barry Ritholtz: Remembering Jack Bogle: "Warren Buffett.... 'The person who has done the most for American investors... Jack Bogle. For decades, Jack has urged investors to invest in ultra-low-cost index funds... [has] amassed only a tiny percentage of the wealth that has typically flowed to managers who have��promised their investors large rewards while delivering them nothing���or... less than nothing.... Jack was frequently mocked by the investment-management industry. Today,��however, he has the satisfaction of knowing that he helped millions of investors realize far better returns on their��savings than they otherwise would have earned. He is a hero to them and to me'...

#noted