Nearly everyone in the States were touched by John. I use his first name as though he was a personal friend. I use his first name despite we never met. Most of my life I lived within 100 miles of John. He resided around Malvern PA. And... Because of my Career in Transportation, favorable odds say I crossed his path at some point. But I wouldn't have paid attention or noticed John. I've read about him, heard about him, and knew he created the Vanguard 500 Index Fund but I have no idea what John looked like. I don't know how to describe John's success. Did he fall on something big, because he was lazy? Did he accidently notice something unbeatable in Wealth Building, because he was ambitious? By his own account (From my memory), he read a book about Investing. That book outlined the concept of an Investment based upon the Standard and Poor's 500 Index. John realized that such an Investment Index of Equities didn't exist. He saw the potential. We must tak...
A periodical exploring the art of investing, financial knowledge, and the stories that shape a meaningful life.