The little book of common sense investing (Hardcover) - John C. Bogle

Name : The little book of common sense investing (Hardcover) - John C. Bogle

Author : John C. Bogle

Book Format : Hardcover

Genre : Business & Economics

ISBN : 9781119404507

Language : English

Pages : 301-400 Pages

Publish Year : 2017

Publisher : Wiley

Sub Genre : Development & Growth Books

"Some investment managers undoubtedly exhibit remarkable skill – yet in the short term, discerning whether an exceptional track record stems from luck or genuine talent remains a challenge. However, a majority of advisors excel more at amassing hefty fees than generating substantial returns. Their true forte lies in the art of persuasion and salesmanship. Rather than succumbing to their enticing allure, both individual and institutional investors should turn their attention to Jack Bogle’s enlightening tome, 'The Little Book of Common Sense Investing,'" as urged by Warren Buffett in his 2014 Annual Shareholder Letter.

Investing, at its core, is an exercise in common sense. The winning strategy involves owning a diversified array of stocks and retaining them over the long term. In theory, attempting to outperform the stock market equates to a zero-sum game (where a winner implies a corresponding loser). However, once the substantial costs of investing are factored in, it transforms into a game favoring the losers. History corroborates this, reaffirming that the simplest and most efficient approach is to acquire and retain ownership in the nation's publicly traded businesses at minimal expense. The quintessential index fund, embodying this market portfolio, emerges as the sole investment guaranteeing your rightful portion of stock market gains.

Embarking on the journey of maste

Country of Origin : India