The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns (Little Books. Big Profits)

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In case you find yourself questioning Bogle, the end of each chapter contains a "Don't Take My Word For It" where well-known investors agree with Bogle on the chapter's topic. Step by step, and through the relentless application of real-world performance numbers and statistics, Bogle shows investing for what is it is - a zero sum game where people who don't index, take money from each other while also paying the entire industry that is in place to chase mythical outperformance via mutual funds. read Bogle′s new Little Book of Common Sense Investingand you′ll see how easy it is to beat the Alpha Hunters at their own game! To learn how to make index investing work for you, there's no better mentor than legendary mutual fund industry veteran John C. This book offers the solution I was looking for which is indexing and the simplicity that goes along with it.

He also very usefully handles the issue of fads - for instance, chapter 15 supplies some much needed clarity on the pitfalls of ETFs, which often appear to be embraced somewhat indiscriminately by investors and advisers alike. The information in the book is useful, but it seriously could've been written in ten pages, with an optional additional 20 chapters of, "Here are the numbers if you want proof. I selected this book because it is the Anniversary edition and figured it had the most info as it pertains to updated examples-2017economics-recent political climate.It contains just the right amount of empirical evidence in the form of statistics, graphs, and charts to be convincing, but not eye-glazingly boring. He keeps repeating phrases such as the "relentless rules of humble arithmetic" as many as what feels like a million times (there is even a chapter with that name).

The Little Book of Common Sense Investing is a must read for recent college graduates working their first job and individuals who are still invested in fee based mutual funds which carry expensive management fees. Why Bogle thinks that business reality—dividend yields and earnings growth—is more important than market expectations. Dec 2017 I had meeting with my investment advisor, my wife and I left the meeting and we both conferred (on the car ride home) that he seemed not his usual confident self.He had been associated with a predecessor company since 1951, immediately following his graduation from Princeton University, magna cum laude in Economics. With The Little Book of Common Sense Investing as your guide, you’ll discover how to make investing a winner’s game: You’ll also find warnings about investment fads and fashions, including the recent stampede into exchange traded funds and the rise of indexing gimmickry. But radical too, as the entire investing establishment is designed to get investors to do the exact opposite.

Rather than listen to their siren songs, investors large and small should instead read Jack Bogle s The Little Book of Common Sense Investing . Not an extensive guide as it could have compared this passive strategy to invest in the market with some other strategies but a strong guidebook nevertheless. Trying to beat the market "is a loser's game," according to Bogle and "the more the managers and brokers take, the less investors make. Bogle is the author of ten books, including Enough: True Measures of Money, Business, and Life, The Little Book of Common Sense Investing, and Clash of the Cultures: Investment vs. the Author only teaches one lesson in the entire book and spends the rest of it explaining why he is correct.I've been trying to learn more about investing for quite a while, but this is the first book I've bought on the topic. After creating Vanguard in 1974, he served as chairman and chief executive officer until 1996 and senior chairman until 2000.