• The man who upended investing by founding $5.1 trillion Vanguard says he admires only 3 rivals, and even made some money off 1 of them

    8 days ago - By Business Insider

    Vanguard founder Jack Bogle admires a trio of peers, he wrote in his latest book.
    He purchased stock in one of them in 1994 to gather information about a competitor, and made hundreds of thousands of dollars.
    Jack Bogle founded a company even Warren Buffett has admired. In a book released last week, "Stay the Course: The Story of Vanguard and the Index Revolution," the Vanguard founder chose three companies he holds in high regard, one of which he accidentally made hundreds of thousands of dollars from.
    Bogle highlighted Baltimore-based asset management firm T. Rowe Price; San...
    Read more ...