I always admired Jack so much, Pam. He did more than anyone else I can think of to try to educate just regular people how the exponential function works, how to build that into planning, and how to REALLY Occupy Wall Street.
People fog all the time about “Vanguard owning everything,” but my understanding is that a HUGE portion of their AUM is the life savings of people, many of whom started out as I did as a kid: seeing the explanation, making a plan, and doing our best to Stay The Course. The formula works…and if people want to dig deeper into how it works, and get more involved, well, he had pointers for that as well.
And he was such a pole star for keeping people from buying every fashionable Financial Casino product/approach. A truly great man.
Hi @Korpijarvi, I’m truly grateful to have spent time with him. He cared about giving a huge amount of people the education and the tools to succeed. We could use more of that today.
I always admired Jack so much, Pam. He did more than anyone else I can think of to try to educate just regular people how the exponential function works, how to build that into planning, and how to REALLY Occupy Wall Street.
People fog all the time about “Vanguard owning everything,” but my understanding is that a HUGE portion of their AUM is the life savings of people, many of whom started out as I did as a kid: seeing the explanation, making a plan, and doing our best to Stay The Course. The formula works…and if people want to dig deeper into how it works, and get more involved, well, he had pointers for that as well.
And he was such a pole star for keeping people from buying every fashionable Financial Casino product/approach. A truly great man.
Hi @Korpijarvi, I’m truly grateful to have spent time with him. He cared about giving a huge amount of people the education and the tools to succeed. We could use more of that today.