John C. Bogle shares his extensive insights on investing in mutual funds. Essentially, the book encourages the reader (rightfully so) to stay away from mutual funds (they don't make sense since they don't beat the market and since it's virtually impossible to predict which funds would beat the market. Well, with this tenth anniversary edition of Common Sense on Mutual Funds, the best mutual fund primer just got better." It is quite long. Whether you think indexing is the best way to investor not, it s filled with simple, powerful advice that can help stack the odds of long–term financial success in your favor. La livraison est GRATUITE sans minimum d'achats (0,01€ pour les livres). He was the founder of the Vanguard Group, the home of the first low cost index mutual fund. . It’s the best book ever on fund investing, just updated for new investors. Author: John.C. Reading this book might also help you realize, as I have, that common sense really is pretty uncommon." Sélectionnez la section dans laquelle vous souhaitez faire votre recherche. Common Sense on Mutual Funds: Edition 10 - Ebook written by John C. Bogle. Les membres Amazon Prime bénéficient de livraisons gratuites illimitées toute l'année, Choisissez parmi 20 000 points retrait en France et en Belgique, incluant points relais et consignes automatiques Amazon Lockers, Sélectionnez cette adresse lors de votre commande. First published in 1999 by the late John Bogle, Common Sense on Mutual Funds explains how investors can best use mutual funds to reach their investing goals. It took me a bit longer than I thought, but I finally wrapped up Common Sense on Mutual Funds by John C. Bogle. From stock and bond funds to global investing and index funds, this audiobook will help you regain your financial footing and make more informed investment decisions. Pour calculer l'évaluation globale en nombre d'étoiles et la répartition en pourcentage par étoile, nous n'utilisons pas une moyenne simple. Of course, since its being published the financial industry has changed somewhat, with the rise of the Exchange Traded Fund making most mutual funds somewhat obsolete. On the dust jacket cover, Jim Cramer wrote, "After a lifetime of picking stocks, I have to admit that (Vanguard Group founder John) Bogle's arguments in favor of the index fund have me thinking of joining him rather than trying to beat him." Bogle. Guess what? My family and my spouses family is also now trusting the information I am giving them. . Buy Common Sense on Mutual Funds 2 by Bogle, John C., Swensen, David F. (ISBN: 9780470138137) from Amazon's Book Store. A part-geek can pick and choose what to read and come out with a lot of great advice. New data is added to reveal what happened over the past 10 years." Now, in this completely updated Secon… Impossible d'ajouter l'article à votre liste. John C. Bogle is an investing saint or an investing pariah according to who you ask. For Bogle converts, you won't find much new in this book. —Jane’s Book Club, http://janebryantquinn.com This is a decent book about Mutual funds and how passive investments can beat active investments on medium and long term basis. Ah yes, the allure of new love! His target audience is the consumer, not the professional money manager who is more likely to belittle the Bogle approach than embrace it. I enjoyed the voice of the author. A few tidbits: you can feel comfortable not owning foreign for a number of reasons including currency risk. I have been investing in ETFs with huge leverages such as 1:100 to 1:500 (Stupid me) - lost around 13k Eur back in 2012 just before Christmas on Dow Jones being leveraged at 1:50. Anyways, glad I read it, but certainly not light reading. Read this book using Google Play Books app on your PC, android, iOS devices. This book, of course, is even more valuable to those that aren t a believer in indexing. . "Common Sense on Mutual Funds," by John Bogle, inventor of the retail index fund and founder of the Vanguard Group. Bogle hasn t altered a word of the original text, just added color coded data and text boxes to show where he was on or off the mark. Today I’m reviewing the book Common Sense on Mutual Funds by John Bogle (see my other book reviews).You can browse the book’s table of contents through Amazon reader.. John Bogle (Wikipedia bio) is the founder of The Vanguard Group, winner of TFB Award for Best Mutual Fund Company.I have the highest respect for Mr. Bogle for his innovation and altruism. This lengthy book was simple to understand but also profound and complex in its message. It provides a lot of information, in some ways overwhelming. John C. Bogle is the author of this book. This book is a classic for a reason. Now, in this completely updated Second Edition, Bogle returns to take another critical look at the mutual fund industry and help investors navigate their way through the staggering array of investment alternatives that are available to them. This strategy will only lose the investor money by raising costs as the actively managed fund tries (often i. His advice for most investors, expounded here, is to invest in stock indices through low cost index funds. Jane s Book Club, http://janebryantquinn.com, "Never before [have] I seen a book that so openly and successfully juxtaposed that which was said against that which actually happened over the period of a decade. https://money.com/jack-bogle-vanguard-best-books-investing-index-funds Praise for Common Sense on Mutual Funds "Invoking both Thomas Paine and Benjamin Graham, Jack Bogle outlines a supremely logical plan not only to better investors' returns, but to improve the whole fund industry. Jack s back and he s unbowed. Bogle cites the research which says that actively managed funds very rarely can outpace the average (index) of the stock market due to the fees which eat into returns. Clearly did not understand what I was doing, went after get rich quick schemes and all that. Buy a cheap copy of Common Sense on Mutual Funds: New... book by John C. Bogle. First published in 1999 by the late John Bogle, Common Sense on Mutual Funds explains how investors can best use mutual funds to reach their investing goals. It’s the only strategy that works, long term." If you're not a super informed investor this is a really valuable book to read. It is quite long. However there are very many useful suggestions which are supported by extensive evidence and analysis. You have to be really geeky to read cover to cover. Here is a quick summary: Invest only in in. His 1999 book Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor became a bestseller and is considered a classic within the investment community. He presented his information in a casual manner, although with quite a bit of repetition. Mainly directed for the US reality and maybe a bit too detailed for a casual reader. "Common Sense on Mutual Funds," by John Bogle, inventor of the retail index fund and founder of the Vanguard Group. John C. Bogle shares his extensive insights on investing in mutual funds Since the first edition of Common Sense on Mutual Funds was published in 1999, much has changed, and no one is more aware of this than mutual fund pioneer John Bogle. Finally, he finishes with a critique of the modern mutual fund industry, and demonstrates how all companies except one are designed to make a profit, thereby putting the interests of the fund investors after the interests of the company investors. A very thorough blueprint for the individual investor. Overall, I liked the book, but not as much as some of the others I have read. Cost matters. This book is perhaps better suited for an experience investor who is interested in learning about more intricate details of investing. The case for indexing is rock solid, as you’ll see here. The original text is presented unchanged. William J. Bernstein, author of The Investor′s Manifesto, A Splendid Exchange, The Birth of Plenty, and The Four Pillars of Investing, "How do you improve upon perfection? So when I heard that Jack was publishing a book titled Enough., I thought I had found an… Goodreads helps you keep track of books you want to read. This strategy will only lose the investor money by raising costs as the actively managed fund tries (often in vain) to outperform the market. John C. Bogle, the author, may be retired (86 years old so well deserved) but what he created (Vanguard) has not stepped down, rather the opposite. In this book, Jack Bogle makes a pretty compelling argument for investing in low-cost index funds. That simple concept sums up the stock market indexing revolution started by Bogle and the Vanguard funds. The book is well written and manages to stay interesting despite the fact that Bogle belabors the point, hammering home the core principles from every conceivable angle. Paul A. Samuelson, Nobel Laureate, Economics, "Were I allowed to recommend only one investment volume to friends and family, the updated edition of Common Sense on Mutual Funds would be it it is even better than the first edition was ten years ago." It is no more (nor less) than a broadly diversified portfolio, typically run at rock-bottom costs, without the putative benefit of a brilliant, resourceful, and highly skilled portfolio manager. Don Phillips, Managing Director, Morningstar, "In this timely update of Common Sense on Mutual Funds, John Bogle improves on what was the finest book on mutual funds ever written." I found his arguments concerning owning foreign stock interest. Consider the effort well worth it because the common sense in this book may save your retirement. And lastly, Common Sense on Mutual Funds Fully Updated 10 th Anniversary Edition. After reading this book, the choice becomes a no-brainer for anyone with a investment time-line of over 15-20 years. by John Wiley & Sons, Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor. A very thorough blueprint for the individual investor. Common sense is not necessarily in abundant supply. John Bogle repeats in this book what he has been preaching for decades, so if you're not new to his work, there's going to be a lot of repeat information for you. Essentially, the book encourages the reader (rightfully so) to stay away from mutual funds (they don't make sense since they don't beat the. Common Sense on Mutual Funds: Edition 10 - Ebook written by John C. Bogle. His target audience. John C. Bogle shares his extensive insights on investing in mutual funds. Why … You have to be really geeky to read cover to cover. Une erreur est survenue. The index fund simply buys and holds the securities in a particular index, in proportion to their weight in the index. John Bogle repeats in this book what he has been preaching for decades, so if you're not new to his work, there's going to be a lot of repeat information for you. Praise for Common Sense on Mutual Funds "Invoking both Thomas Paine and Benjamin Graham, Jack Bogle outlines a supremely logical plan not only to better investors' returns, but to improve the whole fund industry. 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