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

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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The sole minus point is that it is very repetitive, reiterating on the same point from different angles. He created Vanguard in 1974 and served as chairman and chief executive officer until 1996 and senior chairman until 2000. you learn everything you need to know in the first two chapters everything else is a colossal waste of time. This new edition of The Little Book of Common Sense Investing offers you the same solid strategy as its predecessor for building your financial future.

After hearing so many references to John Bogle and his followers, the Bogleheads, I decided I had to read this book. He′s also wary of the ways of Wall Street and cautions investors to steer clear of its institutional con men and cautions against excessive fees and taxes that invariably eat up profits.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. To learn how to make index investing work for you, there s no better mentor than legendary mutual fund industry veteran John C. In this latest entry in the Little Book series, Bogle′s gentle prose contains idiot–proof advice for investors at all levels. But radical too, as the entire investing establishment is designed to get investors to do the exact opposite. 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.

It is in idea that has stood the test of time, and has moved from the fringe to the mainstream in the 50 or so years since Bogle first posited it.Bogle has also added two new chapters designed to provide further guidance to investors: one on asset allocation, the other on retirement investing. Unfortunately, the rest of the book is just a lot of repeating the same good idea, always pushing for the value of ETFs, and it highlights how the system OUGHT to work, without interference or bad actors. Arithmetic is the first of the sciences and the mother of safety and that costs makes the difference between investment success and failure. While there were a scant number of ideas presented, with the entire focus pretty much being on ETFs, there was well presented data to explain why the solitary conclusion had been drawn for a range of scenarios.

Why Bogle thinks that business reality—dividend yields and earnings growth—is more important than market expectations. However I found the author’s line of reasoning inconsistent - in some cases drawing from statistics and historical outcomes, in some just saying “I doubt it would work” without doing much analysis (e. He convinces the reader beyond doubt that actively managed funds and attempts to make an earning by timing the market always lose out on the long run. 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.

Bogle shows you how to make index investing work for you and help you achieve your financial goals and finds support from some of the world's best financial minds: not only Warren Buffett but Benjamin Graham, Paul Samuelson, Burton Malkiel, Yale's David Swensen, Cliff Asness of AQR, and many others. I am going to pour through several other books but I suspect that there's going to be changes made in my investment philosophy.



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