The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns, 10th Anniversary Edition

excellent

Book-level: AdvancedSir John Bogle has really written a masterpiece, and rightly qualifies to be marked as a "Bible" for Investment Philosophy.Considering author was a founder of the Vanguard empire, and a pioneer of the Index Mutual Fund, most of the book is presenting supporting ideas for the same. The Stock Market is a price discovery place and if all people invest in Index Fund, then price discovery of companies out of the index will be a tough task, hence most should but not everyone should follow him. :) If you are willing to ignore the Vanguard Index Mutual Fund push, as not all readers are from the USA, and learn how to choose investment vehicle then this book provides a great deal of details and guiding principles.Book answers below questions well.- Active vs Passive Investment- Why cost matters?- Why future numbers will not be as good as past?- Why choosing a recent table topper is a bad idea?- When to choose advisor? and, what to expect from one?- ETF vs Index Fund- Why Sector or Theme based Index Funds are an illusion?- What Asset Allocation should one choose? and, the magic of cost along with it.With lots of courage, and though author gave evidence to support his argument, I would like to counter the argument of Indexing is better choice in developed and emerging market. Considering I am from India, this country does have pockets of companies which are out of the index and hence Active Fund Managers are still able to deliver out performance to justify their cost. Situation is tilting towards author's argument but there is still scope for few years, if not many, for Active Managers to deliver out performance. And I am neither a Fund Manager myself nor associated with any nor paid to write this.

The message by author is fairly conveyed about index fund. But the writting is bland and often the chapters feel like they repeating same thing again and again.

In-depth explanation on index funds. No wonder Buffett recommended reading this

Easy to read, reminds again the fact that investment is like health, you can not get result if you see yourself in mirror every day, understand it, make a plan and stick to it.I heard interview of Jack Bogle and decided to buy this book, Its midnight and i read 3 chapters of choice, making my logical mind to reaffirm key principles of investment

If u want to navigate the world of mutual funds, this is where the buck stops. Excellent commentary on the merits of index funds. The best thing I like though is the lucidity in which the book explains and answers questions. It is natural to raise questions and have ideas as u start reading a book. Here, you shall get answers in few pages , in next chapters and certainly before the book ends.

Love the quality of the book inside out. Took me 5 days to complete it. Trust me you won't be able to get your hands off this book ;)

Too much of numbers being quoted for an audio book but good book for initial reading on stock market invest

This book has very good advice on making extra money and is very easy reading and understanding

Easy to understand and learn about the stock market and investment. Classic book that every parent and child should read. These are things that aren’t taught in school. Great read for any level of investment. Lots of great facts and studies noted in the book. Tons of testimonies to backup data. I’m more confident about investing after reading this book.

Siempre había querido este libro, te enseña bastante sobre la inversión al largo plazo y te explica lo mucho que vale la pena. Con este libro maximizarás la rentabilidad de tus inversiones.

I like the advice!

"The Little Book of Common Sense Investing" by John C. Bogle is a timeless gem that every investor, whether a novice or an expert, should have on their bookshelf. In a world filled with complex financial jargon and high-frequency trading, this book serves as a lighthouse of wisdom, guiding readers towards a simple yet highly effective approach to investing.One of the standout features of this book is its unwavering commitment to the principles of long-term, passive investing. Bogle masterfully dismantles the allure of day trading and short-term speculation, replacing it with a compelling case for the benefits of long-term index investing. He advocates for a straightforward strategy of investing in low-cost, broad-market index funds that track the overall market's performance. This approach not only significantly reduces fees and taxes but also provides the best odds of achieving consistent, market-beating returns over time.What sets this book apart is its remarkable clarity. Bogle's writing is refreshingly concise, and he cuts through the noise to deliver his insights with a directness that is both enlightening and empowering. He explains complex financial concepts in a way that anyone can understand, making the book accessible to both beginners and seasoned investors.The book's practical advice is not only grounded in sound financial theory but also backed by extensive historical data. Bogle provides ample evidence to support his arguments, illustrating how the simple act of investing in low-cost index funds has consistently outperformed the vast majority of actively managed funds.Another highlight of the book is its emphasis on the importance of discipline and patience. Bogle reinforces the idea that successful investing is a marathon, not a sprint. He encourages investors to stay the course, resist the temptation to react to short-term market fluctuations, and instead focus on the long-term goals of wealth accumulation and financial security.In summary, "The Little Book of Common Sense Investing" is a classic that remains as relevant today as when it was first published. John C. Bogle's timeless wisdom and his straightforward approach to investing are invaluable assets for anyone looking to secure their financial future. This book is a must-read for those who want to break free from the complexities of day trading and embrace the common-sense path to long-term financial success.