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A comment on Charlie Munger has died. Parent comment
Bogle was not a value investor. He was a low(er)-costs advocate (and not even necessarily passive/index investing: e.g., Vanguard has active funds).
There were very, very few people who could do what he did.
Bogle was not a value investor. He was a low(er)-costs advocate (and not even necessarily passive/index investing: e.g., Vanguard has active funds).