Thank you, Jack
Jack Bogle, a legendary investor and founder of The Vanguard Group, passed away on January 16, 2019. The article is a tribute to his contributions to the investment industry, particularly the creation of the classic index fund, which has transformed the way people invest globally. While there are no heroes like Bogle in India, the author notes that Indian investors have been deluded and gullible when it comes to understanding the benefits of index funds. The article expresses gratitude towards Bogle for providing an investment avenue that is almost free and for prioritizing the needs of the investor. Additionally, the author mentions that there is no MF house focused on Index Funds in India, and he decided to become the first fee-only financial planner to recommend only index funds in India after being inspired by Bogle's work. Overall, the article highlights the importance of low-cost investing and putting the investor first.