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
FREE Shipping

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)

RRP: £99
Price: £9.9
£9.9 FREE Shipping

In stock

We accept the following payment methods

Description

As the founder of the highly regarded Vanguard Group, he is revered for the company′s commitment to providing value to its clients as well as profits to its investors. 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.

Arithmetic is the first of the sciences and the mother of safety and that costs makes the difference between investment success and failure. This strategy is favored by Warren Buffett, who said this about Bogle: "If a statue is ever erected to honor the person who has done the most for American investors, the hands-down choice should be Jack Bogle. To learn how to make index investing work for you, there's no better mentor than legendary mutual fund industry veteran John C. 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.

This interesting book on the principles of passive investment is let down by the frequent references, in the audio narration, to an accompanying pdf which is not provided anywhere.

You'll also find warnings about investment fads and fashions, including the recent stampede into exchange traded funds and the rise of indexing gimmickry. It starts out very fun, making a strong case to attach itself to Thomas Paine's Common Sense, The Rights of Man and Other Essential Writings, the book that led to the American Revolution. He recommends this very simple approach as a superior alternative to the incredibly complex array of specific investment options available today.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. you learn everything you need to know in the first two chapters everything else is a colossal waste of time. 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.

Bogle has also added two new chapters designed to provide further guidance to investors: one on asset allocation, the other on retirement investing. I wish the book was a little longer, with some discussion of the disadvantages of these index funds and a clearer display of how level-headedness and the Dunning–Kruger effect contribute to people being so determined that they can beat the market.

Where does The Little Book of Common Sense Investing rank among all the audiobooks you’ve listened to so far? You may not agree with me, and that's fine; I just believe that you should think very carefully about which equity index to track. It contains just the right amount of empirical evidence in the form of statistics, graphs, and charts to be convincing, but not eye-glazingly boring. After creating Vanguard in 1974, he served as chairman and chief executive officer until 1996 and senior chairman until 2000. To learn how to make index investing work for you, there s no better mentor than legendary mutual fund industry veteran John C.



  • Fruugo ID: 258392218-563234582
  • EAN: 764486781913
  • Sold by: Fruugo

Delivery & Returns

Fruugo

Address: UK
All products: Visit Fruugo Shop