Jack Bogle: The Father of Index Funds 🏦
In 1975, Jack Bogle founded the Vanguard Group and launched the first publicly available index fund: the Vanguard 500 📊, which tracks the S&P 500. This fund revolutionized investing by offering a low-cost, automatically diversifying option, and thus began the rise of passive investing! 🚀
Passive Investing Heroes #1