Consider the effort well worth it because the common sense in this book may save your retirement. It may be a hard read if you're among those who still believe that 90 percent of investors can all be above average. This book, of course, is even more valuable to those that aren't a believer in indexing. I was wrong! Reading this book offers investors a glimpse of the perspective and lessons learned from recent years that were anything but normal. As a long-time believer in low cost indexing, I didn't think I'd learn much from this book. It's the only strategy that works, long term." -Jane's Book Club, "Never before I seen a book that so openly and successfully juxtaposed that which was said against that which actually happened over the period of a decade.
The case for indexing is rock solid, as you'll see here.
It's the best book ever on fund investing, just updated for new investors. His is a clear and readable style, and Bogle helps make still somewhat-arcane terms such as quantitative investing understandable."() "Common Sense on Mutual Funds," by John Bogle, inventor of the retail index fund and founder of the Vanguard Group. "As founder of the giant mutual fund company, Vanguard Group, Bogle writes what he knows: how to steer one's way through mutual funds and the numbing variety of investment alternatives available today. Securing your financial future has never seemed more difficult, but you'll be a better investor for having read the Second Edition of Common Sense on Mutual Funds. Bogle Discusses the timeless fundamentals of investing that apply in any type of market Reflects on the structural and regulatory changes in the mutual fund industry Other titles by Bogle: The Little Book of Common Sense Investing and Enough.
Written by respected mutual fund industry legend John C. Along the way, Bogle shows you how simplicity and common sense invariably trump costly complexity, and how a low cost, broadly diversified portfolio is virtually assured of outperforming the vast majority of Wall Street professionals over the long-term. Written in a straightforward and accessible style, this reliable resource examines the fundamentals of mutual fund investing in today's turbulent market environment and offers timeless advice in building an investment portfolio. Now, in this completely updated Second Edition, Bogle returns to take another critical look at the mutual fund industry and help investors navigate their way through the staggering array of investment alternatives that are available to them. 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.
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