On this day

May 8, 1929

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Headlines from May 8, 1929

Notable Births

John C. Bogle

1929John C. Bogle, American businessman, investor, and philanthropist (died 2019)[โ€ ]

John Clifton "Jack" Bogle was an American investor, business magnate and philanthropist. He was the founder and chief executive of The Vanguard Group and is credited with popularizing the index fund. An avid investor and money manager himself, he preached investment over speculation, long-term patience over short-term action and reducing broker fees as much as possible. An ideal investment vehicle for Bogle was a low-cost index fund representing the entire US market, held over a lifetime with dividends reinvested.

Miyoshi Umeki

1929Miyoshi Umeki, Japanese-American actress and singer (died 2007)[โ€ ]

Miyoshi Umeki was a Japanese American singer and actress. Umeki was nominated for the Tony Award and Golden Globe Award and was the first East Asia-born woman to win an Academy Award for acting.