Investing is all about common sense. Owning a diversified portfolio of stocks and holding it for the long term is a winner's game. Trying to beat the stock market is theoretically a zero sum game (for every winner, there must be a loser), but after the substantial costs of investing are deducted, it becomes a loser's game.
Praise for The Little Book of Common Sense Investing
"A low-cost index fund is the most sensible equity investment for the greatmajority of investors. My mentor, Ben Graham, took this position manyyears ago, and everything I have seen since convinces me of its truth.In this book, Jack Bogle tells you why."
--Warren E. Buffett, Chairman, Berkshire Hathaway Inc.
"John Bogle is living a useful life, and this book is a useful contribution to hisfellow citizens. It is dangerous for investors to believe a lot of nonsense,and the nonsense destroyers are particularly helpful when, like Bogle,they never tire in their animosity toward folly."
--Charles T. Munger, Vice Chairman, Berkshire Hathaway Inc.
"Whether you know it or not, Wall Street wants to steal your future.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."
--William Bernstein, investment adviser and author, The Four Pillars of Investing
Praise for The Little Book of Common Sense Investing
"A low-cost index fund is the most sensible equity investment for the greatmajority of investors. My mentor, Ben Graham, took this position manyyears ago, and everything I have seen since convinces me of its truth.In this book, Jack Bogle tells you why."
--Warren E. Buffett, Chairman, Berkshire Hathaway Inc.
"John Bogle is living a useful life, and this book is a useful contribution to hisfellow citizens. It is dangerous for investors to believe a lot of nonsense,and the nonsense destroyers are particularly helpful when, like Bogle,they never tire in their animosity toward folly."
--Charles T. Munger, Vice Chairman, Berkshire Hathaway Inc.
"Whether you know it or not, Wall Street wants to steal your future.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."
--William Bernstein, investment adviser and author, The Four Pillars of Investing
"... Deutsche Autoren erzählen trockenen Stoff oft so, dass der Leser Angst vor der nächsten Seite hat. Ganz anders Bogle: Amüsant und ohne Fachchinesisch führt der 78-Jährige durch sein Schwarzbuch Aktienfonds... Wer nach Wegen für einen einfachen und kostengünstigen Vermögensaufbau sucht, wird hier seine Bibel finden. Für den ganz eiligen Leser reicht auch das letzte Kapitel des Glaubensbekenntnisses - es ist so etwas wie "The Very Little Book of Common Sense Investing." (manager magazin, 09/07)