The birth of the Bogleheads
The birth of the Bogleheads

Back in 1998, a small group of Vanguard fund shareholders began discussing investments on a Morningstar message board known as Vanguard Diehards. When newbies posted questions, regular Diehards responded with sensible and helpful answers. As word spread, more investors flocked to the message board, and an online community -- soon renamed the Bogleheads, in honor of Vanguard's founder -- was born.

Taylor Larimore, 88

Boglehead since: 1998

Day job: Retired; formerly a finance official in the Small Business Administration

Contributions: Co-founded the Bogleheads; set the tone of the community with his thoughtful answers; contributes to discussions daily.

Quote: "Good investing is surprisingly simple: Save regularly, pick a suitable asset mix, and keep costs low."

By Penelope Wang @Money - Last updated July 11 2012: 12:56 PM ET
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