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.
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“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.
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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!
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