Welcome to The Philadelphia Newsletter!

In today’s edition:

• Upcoming Baby Face Ray Wavy Navy University Tour

• AI art of the week

• A deep dive into the life of John C. Bogle

• And more…

Quote of the Week

"Opportunity is missed by most people because it is dressed in overalls and looks like work."

—Thomas Edison

Trivia

Here is your trivia question of the week. The answer will be shown in next week’s newsletter. Which do you think it is? No cheating!

Which famous American jazz and swing music singer, known for her voice range and scat singing, was born in Philadelphia in 1915?

A) Nina Simone

B) Sarah Vaughan

C) Ella Fitzgerald

D) Billie Holiday

Answer to Last Week's Trivia:

The historic Philadelphia building that was once the tallest structure in the world from 1894 to 1908 is C) Philadelphia City Hall.

News

💼Business

Commonwealth Court Overturns Philadelphia Ban on Skill Games.(link)

🏒Sports

Travis Konecny scores 2 goals as Philadelphia Flyers beat Blue Jackets to snap 3-game skid.(link)

Philadelphia Phillies Predicted To Trade Alec Bohm to Mariners at Winter Meetings.(link)

🏦Finance

King of Prussia hotel sells for nearly $14M, new owner plans upgrades.(link)

Second Philadelphia law firm pushes maximum year-end associate bonuses over $140K.(link)

Upcoming Events

Here are some events that are happening in our city this week. There is a good mix between sports, entertainment, conferences, concerts, and more.

Sports

🏀LaSalle Explorers Mens Basketball vs. Fairleigh Dickinson Knights Mens Basketball
John Glaser Arena Philadelphia,
Wednesday December 18 | 6:30 PM | (more info)

🏒Lehigh Valley Phantoms vs. Providence Bruins
PPL Center Allentown, PA
Wednesday December 18 | 7:05 PM | (more info)

Music & Concerts

🏒Baby Face Ray Wavy Navy University Tour
Theatre of Living Arts Philadelphia,
Tuesday December 17 | 8:00 PM | (more info)

🎉Holi-Ditch Day (21+ Event)
The Fillmore Philadelphia
Wednesday December 18 | 11:00 AM | (more info)

Family

🎨Monday S.T.E.A.M. Art
Disilvestro Recreation Center 1701 South 15th Street Philadelphia,
Monday, December 16 | 1:30 - 2:30pm EST | (more info)

Image of the Week

Every week, I have a habit of making some AI art about our city.

This week, I typed in “An entirely underground Philadelphia.” and this is what I got.

Let me know what ideas you have for this. I really enjoy making these types of photos.

Philadelphia Historical Events

1829: The Athenaeum of Philadelphia is founded.

In 1829, the Athenaeum of Philadelphia was already a well-established institution, having been founded in 1814 as a member-supported library. The Athenaeum's purpose, according to its organizational principles, was to collect materials related to architecture, interior design, and landscape design, making it a national center for architectural history. The Athenaeum was founded as a literary and cultural society on the model of similarly named New England organizations, and it quickly grew in prestige, membership, and the variety of books and periodicals available to its stockholders. The building itself, designed in 1845 by architect John Notman in the Italianate style, is a National Historic Landmark and boasts one of Philadelphia’s finest 19th-century interiors.

The Athenaeum of Philadelphia's founders were leading citizens of what was then the largest city in the United States, and the institution became the official repository of the records of the Philadelphia Chapter of the American Institute. For nearly three decades, the Athenaeum occupied the first floor of Philosophical Hall, next to Independence Hall, across Fifth Street from The Library Company of Philadelphia. This period saw the Athenaeum's rapid growth in importance and influence, as it continued to serve as a hub for intellectual and cultural exchange in the city.

The Athenaeum of Philadelphia played a crucial role in promoting reading and higher learning in Philadelphia, and its establishment reflected the city's commitment to intellectual and cultural development. Today, the Athenaeum remains a vital institution, preserving and promoting the architectural history of Philadelphia and serving as a valuable resource for scholars, researchers, and enthusiasts of design and architecture.

Famous People From Philadelphia

John C. Bogle (1929–2019): Founder of The Vanguard Group.

John C. Bogle (1929–2019): Founder of The Vanguard Group

John Clifton Bogle, the founder of The Vanguard Group, passed away on January 16, 2019, in Bryn Mawr, Pennsylvania. He was 89 years old. Mr. Bogle was born on May 8, 1929, in Montclair, New Jersey, and had a legendary status in the American investment community. He introduced the first index mutual fund for investors and stood behind the concept until it gained widespread acceptance. His contributions to the investment industry and his commitment to pioneering index funds have left a lasting impact.

Early Life and Education (1929-1947)

John Clifton Bogle was born on May 8, 1929, in Montclair, New Jersey, to William Yates Bogle, Jr., and Josephine Lorraine. He worked his way through Blair Academy and Princeton, demonstrating a strong work ethic and determination from a young age.

Founding The Vanguard Group (1974-1996)

Bogle's most significant achievement was the founding of The Vanguard Group in 1974, where he served as chairman and CEO until 1996. His leadership and vision revolutionized the investment industry, making low-cost index funds accessible to the masses and challenging the traditional approach to mutual fund management.

Advocacy for Index Funds (1970s-2010s)

Bogle's advocacy for index funds and his unwavering commitment to providing low-cost investment options for individual investors reshaped the landscape of the financial markets. His efforts to promote the benefits of index investing and long-term wealth accumulation have had a profound and lasting influence on the investment community.

Philanthropy and Public Service (1980s-2019)

In addition to his contributions to the investment industry, Bogle was actively involved in philanthropy and public service. He served on the board of trustees of the National Constitution Center in Philadelphia, demonstrating his commitment to civic engagement and education.

Legacy and Recognition (Throughout Career)

Throughout his career, Bogle received numerous awards and honors for his contributions to the investment industry, including the Award for Professional Excellence from the Association for Investment Management. His legacy as the ""father of indexing"" and his pioneering work in making investing more accessible to the public continue to be celebrated and recognized.

Personal Life and Family

John C. Bogle resided in Bryn Mawr, Pennsylvania, with his wife, Eve. They were the parents of six children and the grandparents of twelve, creating a legacy that extended beyond his professional achievements.

Key Achievements of John C. Bogle:

• Founder of The Vanguard Group, revolutionizing the investment industry.

• Introduction of the first index mutual fund for investors.

• Advocacy for low-cost index funds and long-term wealth accumulation.

• Active involvement in philanthropy and public service.

• Legacy as the ""father of indexing"" and his pioneering work in making investing more accessible to the public.

John C. Bogle's life and career were marked by his dedication to empowering individual investors and reshaping the investment landscape. His legacy as a visionary leader and advocate for low-cost investing continues to inspire and influence the financial industry.

Connect With Me

If you want to connect, reply to this email and let me know what you think.

I would love to hear from you. Don’t be shy.

-Yannick Lyons

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