John Bogle ’51’s Influence

Any listing of “best” or “most” is likely to generate comment and disagreement. In your selection of “Today’s 25 Most Influential Alumni,” the emphasis, I suppose, is on “today’s”; but even with that focus, I find it surprising that John Bogle ’51 — who, as you state in another story of that same issue, “created the first index mutual fund in 1976” — didn’t make your list. Although you may consider 1976 a long time ago, indexing, one of the most important investment ideas of the past 50 or more years, continues to significantly influence today’s markets, as reflected in the PAW story, “Are Index Funds Hampering Corporate Competition?”