In 'Common Sense on Mutual Funds', investment pioneer John C. Bogle shares revolutionary insights into how mutual funds operate and how they can serve as a powerful tool for building wealth. With clarity and humor, Bogle demystifies the complexities of investing, exposing often-overlooked truths about fees, performance, and market efficiency. He advocates for a low-cost, long-term investment strategy that empowers everyday investors to make informed decisions. The book is not just a guide; it's a manifesto for financial literacy and prudence in a world rife with marketing hype. Dive into Bogle's wisdom to discover how you can navigate the investment landscape with confidence!
By John C. Bogle
Published: 2009
"The greatest enemy of a good plan is the illusion of a better plan."
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, 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. 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. 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 by respected mutual fund industry legend John C. 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. 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.
Showing 8 of 18 similar books
Bill Ackman is an American hedge fund manager and founder of Pershing Square Capital Management, known for his activist investing style. Ackman has been involved in high-profile investment battles, including his campaigns against companies like Herbalife and his successful turnaround of companies like Canadian Pacific Railway. He is known for taking bold, contrarian positions and for his ability to influence corporate governance through shareholder activism. Ackman’s investing philosophy focuses on long-term value creation, and he has become one of the most recognized figures in the finance world.
Charlie Munger is an American investor, businessman, and philanthropist, best known as the vice chairman of Berkshire Hathaway, where he partners with Warren Buffett. Renowned for his insights on investment strategies and mental models, Munger has significantly influenced the world of finance. His notable literary contributions include "Poor Charlie's Almanack," a compilation of his speeches and writings that distill his wisdom on decision-making and business principles. Munger's work emphasizes the importance of multidisciplinary thinking and continuous learning. Beyond his financial acumen, he is celebrated for his charitable efforts, particularly in education and healthcare.
David Goggins is a retired Navy SEAL and former U.S. Air Force Tactical Air Control Party member who has gained widespread recognition for his extraordinary achievements in endurance sports and personal development. As an ultramarathon runner, triathlete, and world record holder for completing 4,030 pull-ups in 17 hours, Goggins exemplifies unparalleled mental and physical resilience. His memoir, "Can't Hurt Me: Master Your Mind and Defy the Odds," has become a bestseller, inspiring millions with its powerful messages of overcoming adversity and pushing beyond perceived limits. Goggins is also a sought-after motivational speaker, known for his no-excuses approach to self-improvement. His story continues to motivate individuals around the globe to embrace challenges and strive for excellence.
Andrew Wilkinson is a distinguished author and entrepreneur, best known for his insightful business writings and contributions to the tech industry. He co-founded MetaLab, a prominent design agency that has shaped the user experience of major platforms like Slack and Coinbase. Wilkinson's entrepreneurial journey and his publications provide valuable perspectives on startup culture, innovation, and leadership. His writing, often featured in leading business magazines and his personal blog, has garnered a wide readership for its practical advice and engaging storytelling. Andrew continues to influence both literature and the business world with his unique blend of creativity and strategic thinking.
Chamath Palihapitiya is a prominent venture capitalist, entrepreneur, and the founder of Social Capital, a firm that aims to advance humanity by solving complex societal problems. Although primarily known for his investments in companies like Slack and Box, Palihapitiya is also a vocal advocate for technology's role in societal improvement. He has contributed thought-provoking essays and articles on economic inequality, healthcare, and education reform, influencing public discourse and policy. His visionary ideas are often shared through platforms like Medium and various keynote speeches. Palihapitiya's multifaceted career underscores his commitment to leveraging technology for social good.
“The greatest enemy of a good plan is the illusion of a better plan.”
Common Sense on Mutual Funds
By John C. Bogle
Discover a world of knowledge through our extensive collection of book summaries.
John C. Bogle was an influential American investor, philanthropist, and author, best known as the founder of the Vanguard Group and a pioneer of index investing. Born on May 8, 1929, he revolutionized the investment management industry by promoting low-cost, passive investment strategies that prioritized long-term wealth accumulation for individual investors. Bogle authored several books, including "The Little Book of Common Sense Investing," which advocates for the benefits of index funds over actively managed portfolios. His commitment to investor advocacy and ethical practices earned him a lasting legacy in finance and a dedicated following among both professionals and everyday investors. Bogle passed away on January 16, 2019, leaving behind a profound impact on how millions approach investing.
Key information about the book.
Buy on Amazon
Buy via BookShopSupport local bookstores: BookShop gives a portion of each sale to independent bookshops!
In "The Intelligent Investor," Benjamin Graham unveils timeless strategies for navigating the volatile world of investing with wisdom and discipline. He introduces the concept of value investing, teaching readers to distinguish between price and intrinsic value, all while emphasizing the importance of a defensive investment strategy. Graham’s insightful principles empower investors to cultivate emotional resilience, protecting them from the relentless whims of the market. With real-world anecdotes and practical advice, this classic remains a cornerstone for anyone seeking financial success and peace of mind. Dive in to discover how patience, rationality, and a solid plan can transform your investment journey!
In "Antifragile: Things That Gain from Disorder," Nassim Nicholas Taleb introduces a revolutionary concept that goes beyond resilience, presenting the idea of "antifragility"—the ability of systems to thrive and grow stronger in chaos and uncertainty. Taleb critiques conventional risk management and advocates for embracing volatility rather than fearing it. Through thought-provoking examples from various fields, he illustrates how unpredictability can be harnessed for personal and societal growth. Discover how to cultivate an antifragile mindset that empowers you to not only withstand life's challenges but to flourish because of them. Are you ready to rethink your relationship with chaos?
In 'I Will Teach You to Be Rich, Second Edition,' Ramit Sethi provides a no-nonsense guide to mastering personal finance with a blend of humor and practicality. He challenges conventional money advice and introduces readers to a unique banking system for maximizing their savings. Through straightforward strategies, Sethi reveals how to automate finances and invest wisely for the long term. Each chapter brims with actionable tips that encourage readers to take control of their financial futures. With insights that delve deep into psychology and behavior, this book is a game-changer for anyone seeking to build real wealth.
In 'The Outsiders,' William Thorndike reveals the captivating stories of unconventional leaders who defy the norms of Wall Street and common business wisdom. These mavericks, often overlooked or underestimated, demonstrate that true success comes from deep analytical thinking and a long-term vision. Through engaging case studies, Thorndike uncovers the secret principles that set these extraordinary outsiders apart from their peers. Readers are invited into a world where decision-making is grounded in value creation and discipline rather than mere trends. This thought-provoking exploration challenges conventional beliefs and beckons aspiring leaders to reassess their own paths to success.
In 'The Little Book of Common Sense Investing,' John C. Bogle lays out a compelling case for a simple, yet effective, investment strategy that anyone can apply. He champions the power of low-cost indexing, which allows average investors to outperform the majority of actively managed funds over time. Bogle stresses the importance of patience and discipline in the face of market volatility, urging readers to ignore the noise of financial markets. With clear insights and straightforward advice, this book is a treasure trove for both novice and seasoned investors alike. Discover how to make your money work harder for you with strategies rooted in common sense!
In 'The Big Ship and the Little Digger,' Ryan Petersen takes readers on an adventurous journey where an enormous ship meets a tiny digger on a bustling construction site. The unlikely duo discovers the importance of teamwork as they combine their unique strengths to overcome challenges. As they navigate obstacles together, their friendship blossoms, proving that size doesn’t determine capability. Vibrant illustrations bring the story to life, making it a visual treat for young readers. This tale inspires curiosity about friendship and collaboration, encouraging children to see the value in their differences.
In 'Power Without Responsibility', James Curran and Jean Seaton delve into the intricate interplay between media power and social responsibility. They explore the historical journey of the press and its transformation in the digital age, raising critical questions about accountability. The authors analyze the impact of media monopolies and government regulations on public discourse. Drawing on a wealth of examples, they reveal how media influences democracy and individual freedoms. This provocative examination will leave you pondering the true cost of information in a society thirsting for truth.
In 'The Most Important Thing Illuminated', Howard Marks shares invaluable insights on the philosophy and strategy of investing, blending personal anecdotes with timeless wisdom. This compelling guide challenges readers to rethink conventional investment beliefs and highlights the critical importance of risk assessment. Marks emphasizes the psychological aspects of investing and the necessity of a long-term perspective. With a mix of clarity and depth, he navigates complex concepts, making them accessible and engaging. Whether a novice or experienced investor, this book promises to illuminate the path to financial success and understanding.
Download our mobile app to enjoy your favorite books on the go. Get access to exclusive features, offline listening, and personalized recommendations.
