The Economic Times

Wealth wisdom of the day: 'Understand not only the magic of compounding long-term returns, but the...': Crucial money lesson for investors from the 'Father of Indexing'

Universally known as the Father of Indexing, Bogle had introduced the first indexed fund for individual investors in 1976. So, when it comes to compounding, it wont be wrong to assume that Bogle knew what he was talking about when he said that investors also need to know a crucial detail beyond the magic of compounding.