Daily Archive for March 13th, 2009

Some billionaires apparently take Amtrak

I was on a business trip to DC today.

An older gentleman boarded the train in Philadelphia and sat across the aisle from me.

I immediately recognized the distinctive voice, and looked over, but while the face was also recognizable to me, I couldn’t put a name to either the voice or the face. I have a horrible name memory.

He was being interviewed by a writer of some sorts and the writer had a book on the table. The title was “John Bogle on Investing: The First 50 Years”. Aha!

I was sitting next to John Bogle, the founder of The Vanguard Group, the inventor of index mutual funds and a billionaire.

The man is a true legend. Sitting less than 5 feet from me.

Apparently he was on his way to deliver a speech in fiduciary duty.

-TPP