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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note I have no prior belief whether index funds are better or not, I simply struggle with such fanatical bias). I appreciate John Bogle's life work that it has "waken" this blue collar worker to the reality that.

In 1999, FORTUNE designated him as one of the investment industry's four "Giants of the 20th Century.Definitely a re-read because it's hard to listen as an audiobook, I'd rather read about ROI %'s than hear them. However, this book presents an individual solution to a systemic problem and doesn't seem to seriously consider that there are any inherent flaws in this capitalist system that leads people to have to invest money to be able to retire in the first place.

The fact is that the preponderance of investors (and, apparently, fund managers) still believe in an Alice-in-Wonderland world of investment which is all about special insights, market timing, leveraging and unfeasibly complex investment products or strategies.He is known for his 1999 book Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor, which became a bestseller and is considered a classic. Not that we thought he was bad, but made us put the brakes on moving ahead with any of his suggestions immediately. For someone who has significant experience in the financial markets, this book offers no new insights. 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. 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.

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. Bogle deserves a million stars for starting Vanguard and bringing us the concept of low-cost index funds.All used books might have various degrees of writing, highliting and wear and tear and possibly be an ex-library with the usual stickers and stamps. I'll even go one better and agree with the fundamental premise of this book, that almost everyone should have broad-based indexing as the foundation of their investment plans. Tramite prove supportate da dati numerici e principi di comune buonsenso, l'autore apre gli occhi al lettore sulla realtà legata ai fondi di investimento attivi solitamente proposti in banca.

However I would suggest to read the richest man in Babylon followed by the intelligent investor before reading this book. By using the Web site, you confirm that you have read, understood, and agreed to be bound by the Terms and Conditions. there are many approaches to financial success however the author leaves no room for doubt, and does not consider any other method to be valuable in any circumstance. 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. 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.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. After hearing so many references to John Bogle and his followers, the Bogleheads, I decided I had to read this book. 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. Bogle as one of the world's 100 most powerful and influential people, and Institutional Investor presented him with its Lifetime Achievement Award.