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. To learn how to make index investing work for you, there s no better mentor than legendary mutual fund industry veteran John C. You can change your choices at any time by visiting Cookie preferences, as described in the Cookie notice. So the author essentially believes they are right and everyone else is wrong, regardless of what evidence shows.

there are many approaches to financial success however the author leaves no room for doubt, and does not consider any other method to be valuable in any circumstance. 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.Bogle is the inventor of the index-tracking fund, so it's no surprise that this is all about index investing. I'll even go one better and agree with the fundamental premise of this book, that almost everyone should have broad-based indexing as the foundation of their investment plans. I would also recommend very strongly Jack's other seminal book, 'Enough': Enough True Measures of Money, Business, and Life by Bogle, John C.

Where does The Little Book of Common Sense Investing rank among all the audiobooks you’ve listened to so far? In the UK, many IFAs still attempt to 'pick the winners', akin to having a day at the races, except one's entire future wealth prospects depends upon the outcome. Simple analysis showing why investing in low-cost index funds should be the main approach to follow as an investor. My biggest issue with the book is that it pokes a stick at the largest turd in the industry (mutual funds) and then says, "indexing is a heck of a lot better than this.The 103 third parties who use cookies on this service do so for their purposes of displaying and measuring personalized ads, generating audience insights, and developing and improving products. My favourite phrase of the book was "if the data shows that index funds aren't better, the data is wrong".

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. Os livros de finanças e investimentos escritos por estrangeiros tendem a serem de duas naturezas: Elencam comportamentos que podemos aplicar ao nosso cotidiano e/ou falam sobre investimentos mas que devido a diferença de país precisamos traduzi-los pro nosso mercado. I thought it was going to be extremely basic beginners guide and only scratch the surface of the investment world.I felt like this should have been explained more given the immense popularity of broad market index ETFs.

To calculate the overall star rating and percentage breakdown by star, we don’t use a simple average. Plus, you’d have to wait about 25 years to know who that is, by which time you’ve already missed out! He created Vanguard in 1974 and served as chairman and chief executive officer until 1996 and senior chairman until 2000. This book offers the solution I was looking for which is indexing and the simplicity that goes along with it. This tenth anniversary edition includes updated data and new information but maintains the same long-term perspective as in its predecessor.By completing your purchase, you agree to Audible's Conditions of Use and authorise Audible to charge your designated card or any other card on file. In this book, Bogle backs his theory up with simple, easy to understand mathematical concepts and with statistics from the market's history. Also, it is clear the book is intended for the widest possible audience, resulting in it being extremely repetitive and at times too simplistic. I would recommend the book for anyone who wants to start investing but doesn't want the headaches and the more technical stuff. Unfortunately, the rest of the book is just a lot of repeating the same good idea, always pushing for the value of ETFs, and it highlights how the system OUGHT to work, without interference or bad actors.