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 ...
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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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Add this copy of The Little Book of Common Sense Investing: the Only Way to cart. $12.00, very good condition, Sold by Affordable Products rated 4.0 out of 5 stars, ships from Millbury, MA, UNITED STATES, published 2007 by Wiley.
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Add this copy of The Little Book of Common Sense Investing: the Only Way to cart. $35.00, very good condition, Sold by Robinson Street Books rated 3.0 out of 5 stars, ships from Binghamton, NY, UNITED STATES, published 2007 by John Wiley and Sons Ltd.
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Used: Very good. Prompt shipment, with tracking. we ship in CLEAN SECURE boxes Investment & Securities: Very good hardcover with dust jacket. Clean pages.
Add this copy of The Little Book of Common Sense Investing: the Only Way to cart. $43.00, very good condition, Sold by Robinson Street Books rated 3.0 out of 5 stars, ships from Binghamton, NY, UNITED STATES, published 2007 by John Wiley & Sons.
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Very Good. Size: 5x1x7; Prompt shipment, with tracking. we ship in CLEAN SECURE boxes Business & Economics: Very Good Hardcover with creased dust jacket, tips bumped, clean pages, prompt shipping with tracking.
Add this copy of The Little Book of Common Sense Investing: the Only Way to cart. $47.44, new condition, Sold by Revaluation Books rated 4.0 out of 5 stars, ships from Exeter, DEVON, UNITED KINGDOM, published 2007 by John Wiley & Sons Inc.
Add this copy of The Little Book of Common Sense Investing: the Only Way to cart. $50.00, like new condition, Sold by Sequitur Books rated 5.0 out of 5 stars, ships from Boonsboro, MD, UNITED STATES, published 2007 by Wiley.
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Like New. Size: 5x1x7; *Autographed by author, John Bogle (inventor of the index fund). *Hardcover and dust jacket. Good binding and cover. Clean, unmarked pages. From the library of noted American economist and head of Princeton's economics department, Burton Gordon Malkiel.
Add this copy of The Little Book of Common Sense Investing: the Only Way to cart. $62.37, new condition, Sold by GridFreed rated 4.0 out of 5 stars, ships from North Las Vegas, NV, UNITED STATES, published 2007 by Wiley.
