The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns
โฑ 5h 08m 00s ๐
April 13, 2007 โ
4.5/5 (51)
๐ 4.5/5 (8)
Credit Eligible Unabridged
Description
John C. Bogle's The Little Book of Index Investing is a power-packed explanation of why outperforming the market is an investor illusion. Instead, the founder of The Vanguard Groupโthe man who's been called 'the conscience of the investment industry'*โrecommends a simple, time-tested investment strategy that can deliver the greatest return to the greatest number of investors: indexing. Why? Investing is a zero-sum game where transaction costs, taxes, poor investment diversification, and poor market-timing (an affliction for most investors) hurts your portfolio more than it helps. Indexing eliminates that hurt. Bottom-line, if you can't be an index, why not invest in one? And you'll be all the happier and richer for it.
*Time Magazine