What sets this book apart from other investment classics such as the Intelligent Investor, One up on Wall Street, Beat the Street, etc. I appreciate John Bogle's life work that it has "waken" this blue collar worker to the reality that. 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.

The Little Book of Common Sense Investing is a must read for recent college graduates working their first job and individuals who are still invested in fee based mutual funds which carry expensive management fees. It is all about proving that index funds are the best (profitable while being safe) bet for investing, with hard factual evidence. 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.

He recommends this very simple approach as a superior alternative to the incredibly complex array of specific investment options available today. 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. Starting early, and mimicking the market by investing in Index Funds is the best way to ensure that we live a comfortable post-retirement life.

If you want to stop them, drop everything, read this marvelous little book,and take it to heart; your children, and their children′s children, will thank you. The sole minus point is that it is very repetitive, reiterating on the same point from different angles. Rather than listen to their siren songs, investors – large and small – should instead read Jack Bogle’s The Little Book of Common Sense Investing. He created Vanguard in 1974 and served as Chairman and Chief Executive Officer until 1996 and Senior Chairman until 2000.

However I would suggest to read the richest man in Babylon followed by the intelligent investor before reading this book. After creating Vanguard in 1974, he served as chairman and chief executive officer until 1996 and senior chairman until 2000.

Why Bogle thinks that business reality—dividend yields and earnings growth—is more important than market expectations. Dust Jackets are not guaranteed and when still present, they will have various degrees of tear and damage. 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. In this latest entry in the Little Book series, Bogle′s gentle prose contains idiot–proof advice for investors at all levels.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. Business books are often written by show–offs who want you to know all about their knowledge of the Greek tragedies and dark–coloured birds. Instead, if we choose to own the entire market by collectively investing in all the listed companies, we would be able to make a similar profit in line with the upward movement of the chosen Index. gonna enter my financially knowledgeable girl era 🔜 should it prob be 5 stars yes but i am not giving a book abt investing the satisfaction of being 5 stars. Bogle deserves a million stars for starting Vanguard and bringing us the concept of low-cost index funds.