The Little Book of Common Sense Investing

That’s what index investing is all about. And that’s what this book is all about. Praise for The Little Book of Common Sense Investing "A low-cost index fund is the most sensible equity investment for the greatmajority of investors.

The Little Book of Common Sense Investing

The Little Book of Common Sense Investing

“There are a few investment managers, of course, who are very good – though in the short run, it’s difficult to determine whether a great record is due to luck or talent. Most advisors, however, are far better at generating high fees than they are at generating high returns. In truth, their core competence is salesmanship. Rather than listen to their siren songs, investors – large and small – should instead read Jack Bogle’s The Little Book of Common Sense Investing.” – Warren Buffett, Chairman of Berkshire Hathaway, 2014 Annual Shareholder Letter. Investing is all about common sense. Owning a diversified portfolio of stocks and holding it for the long term is a winner’s game. Trying to beat the stock market is theoretically a zero-sum game (for every winner, there must be a loser), but after the substantial costs of investing are deducted, it becomes a loser’s game. Common sense tells us—and history confirms—that the simplest and most efficient investment strategy is to buy and hold all of the nation’s publicly held businesses at very low cost. The classic index fund that owns this market portfolio is the only investment that guarantees you with your fair share of stock market returns. To learn how to make index investing work for you, there’s no better mentor than legendary mutual fund industry veteran John C. Bogle. Over the course of his long career, Bogle—founder of the Vanguard Group and creator of the world’s first index mutual fund—has relied primarily on index investing to help Vanguard’s clients build substantial wealth. Now, with The Little Book of Common Sense Investing, he wants to help you do the same. Filled with in-depth insights and practical advice, The Little Book of Common Sense Investing will show you how to incorporate this proven investment strategy into your portfolio. It will also change the very way you think about investing. Successful investing is not easy. (It requires discipline and patience.) But it is simple. For it’s all about common sense. With The Little Book of Common Sense Investing as your guide, you’ll discover how to make investing a winner’s game: Why business reality—dividend yields and earnings growth—is more important than market expectations How to overcome the powerful impact of investment costs, taxes, and inflation How the magic of compounding returns is overwhelmed by the tyranny of compounding costs What expert investors and brilliant academics—from Warren Buffett and Benjamin Graham to Paul Samuelson and Burton Malkiel—have to say about index investing And much more You’ll also find warnings about investment fads and fashions, including the recent stampede into exchange traded funds and the rise of indexing gimmickry. The real formula for investment success is to own the entire market, while significantly minimizing the costs of financial intermediation. That’s what index investing is all about. And that’s what this book is all about.

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The Little Book of Common Sense Investing
Language: en
Pages: 240
Authors: John C. Bogle
Categories: Business & Economics
Type: BOOK - Published: 2007-03-05 - Publisher: Wiley

“There are a few investment managers, of course, who are very good – though in the short run, it’s difficult to determine whether a great record is due to luck or talent. Most advisors, however, are far better at generating high fees than they are at generating high returns. In
The Little Book of Common Sense Investing
Language: en
Pages: 304
Authors: John C. Bogle
Categories: Business & Economics
Type: BOOK - Published: 2017-09-19 - Publisher: John Wiley & Sons

The best-selling investing "bible" offers new information, new insights, and new perspectives The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes
Summary of The Little Book of Common Sense Investing by John C. Bogle
Language: en
Pages:
Authors: QuickRead, Alyssa Burnette
Categories: Study Aids
Type: BOOK - Published: - Publisher: QuickRead.com

Discover everything you need to know about making wise investments. Wouldn’t it be nice if the complexities of investments could be broken down into accessible language that anyone can understand? Many people have wished that at one time or another because it often feels as though the financial sector speaks
Common Sense on Mutual Funds
Language: en
Pages: 656
Authors: John C. Bogle
Categories: Business & Economics
Type: BOOK - Published: 2010-01-05 - Publisher: John Wiley & Sons

John C. Bogle shares his extensive insights on investing in mutual funds Since the first edition of Common Sense on Mutual Funds was published in 1999, much has changed, and no one is more aware of this than mutual fund pioneer John Bogle. Now, in this completely updated Second Edition,
Summary to Quickly Read the Little Book of Common Sense Investing by John C. Bogle
Language: en
Pages: 26
Authors: Zane Rozzi
Categories: Business & Economics
Type: BOOK - Published: 2019-08-28 - Publisher:

This summary is a separate companion to The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns by John C. Bogle. Have you ever bought a book with the intention of making positive changes in your life, and then a month