Book & podcast collection

The Bogle Effect: How John Bogle and Vanguard Turned Wall Street Inside Out and Saved Investors Trillions

Eric Balchunas traces how John Bogle and Vanguard transformed investing by making low-cost index funds available to ordinary people. He explains how Vanguard's unusual ownership structure, relentless fee reductions, and emphasis on long-term discipline pressured the entire asset-management industry to change. The book measures the enormous savings passed to investors while considering Bogle's leadership, contradictions, and enduring influence. It is both a business history and an account of a quiet financial revolution that shifted power away from intermediaries and toward the people whose money they manage.

Publisher: BenBella Books
Publication date: 2022
Format: Print edition
Pages: 288
ISBN: 9781637740712

Subjects

Investing Business & Economics: Economic History

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Interview with the Author

6 available interview links

1. INVESTOLOGY: re-think investment management — [Reposted on 1 May 2025 as Vanguard turned 50] The Bogle Effect: How John Bogle and Vanguard Turned Wall Street Inside Out and Saved Investors Trillions - Eric BalchunasChecked