There are many good things you can say about John Bogle, the founder of the Vanguard Group and a zealous proselytizer for index fund investing, who died at age 89 this week. He exposed to the masses the lie that is market timing, demonstrating that investors who didn't seek to beat stock market indexes and instead simply match them would do better in the end than those who sought a major score. But perhaps most important is this: Bogle made investing tolerable for people who don't like to invest. In this way, Bogle was the right man at the right time.
Helaine Olen: John Bogle made investors richer — and the financial industry poorer
