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John C. Bogle's Principles

Overview

Helped make index investing accessible to ordinary investors.

Style

Low-cost index funds, investor costs, long-term ownership

Firm

Vanguard

Period

1929-2019

John C. Bogle

Principles

Repeatable rules that beginners can study and adapt.

Applicable principles

Investment costs are a quiet enemy of compounding.

Own the broad market instead of trying to pick every winner.

Stay disciplined through many cycles.

Simple often beats complex after fees and taxes.

Turn these principles into a pre-investment checklist. If an idea cannot pass the checklist, staying out is often better than forcing action.