276°
Posted 20 hours ago

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

£9.9£99Clearance
ZTS2023's avatar
Shared by
ZTS2023
Joined in 2023
82
63

About this deal

My favourite phrase of the book was "if the data shows that index funds aren't better, the data is wrong".

It′s an easy read that will, I suspect, quickly join Burton Malkiel′s A Random Walk Down Wall Streetand Charles Ellis′s Winning the Loser′s Gameas one of the indexing crowd′s favorite books. 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. Bogle as one of the world's 100 most powerful and influential people, and Institutional Investor presented him with its Lifetime Achievement Award. Dust Jackets are not guaranteed and when still present, they will have various degrees of tear and damage.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 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. I appreciate John Bogle's life work that it has "waken" this blue collar worker to the reality that.

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. In the context of mutual funds, it is also important to note the Expense Ratio (ER) which includes the cost attributed to managing and operating the active fund. With the author John Bogle being one of the key players in the field of index funds (albeit now retired), one could easily anticipate a certain unfair bias in favour of these products. 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. 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.It′s not very glamorous or exciting advice, but that′s also his point: Slow and steady wins the race. Definitely a re-read because it's hard to listen as an audiobook, I'd rather read about ROI %'s than hear them. 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.

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. This book offers the solution I was looking for which is indexing and the simplicity that goes along with it.The book elaborates on the same practice of index investing that Bogle built the Vanguard Group around to turn a profit for clients. In this book, Bogle backs his theory up with simple, easy to understand mathematical concepts and with statistics from the market's history. Bogle as one of the four "Investment Giants" of the twentieth century; in 2004, Time named him one of the world′s 100 most powerful and influential people, and Institutional Investor presented him with its Lifetime Achievement Award. the Author only teaches one lesson in the entire book and spends the rest of it explaining why he is correct. Clearly, there are some ways to invest that do beat the market - I just wish that Bogle had spent a little time getting into what it takes to be successful in those other areas.

Asda Great Deal

Free UK shipping. 15 day free returns.
Community Updates
*So you can easily identify outgoing links on our site, we've marked them with an "*" symbol. Links on our site are monetised, but this never affects which deals get posted. Find more info in our FAQs and About Us page.
New Comment