His book explains why low fees significantly affect returns.
Investing icon John Bogle left behind an impressive legacy: He revolutionized the mutual fund industry and was a tireless advocate for investors. He pioneered the index fund, which allowed investors to gain diversified exposure to the stock market at a very low cost, helping them keep more of their hard-earned money in their pockets. His book explains why low fees significantly affect returns. It also addresses topics like mean-reversion and tax costs.