I can imagine John Bogle Jr. on a camping trip. He meets a group of guys fishing off a dock. They talk about the weather and the fish before they introduce themselves.
“What’s your name?” one of the guys asks.
“I’m John Bogle. It’s nice to meet you.”
“Hey, you have the same name as that guy who founded Vanguard.”
“Yeah, that was my dad.”
“That’s amazing. So…what do you do?”
“I run an actively managed mutual fund.”
One of the guys spills beer on his shirt.
Click below to read the rest of my AssetBuilder article.