Review for Common Sense on Mutual Funds, Fully Updated 10th Anniversary Edition : This book is amazing, I have never been so frightened reading a book and yet so riveted that I couldn't stop reading. I loved this book. It grabbed me from the first page and I had trouble putting it down. Read it, you won't be disappointed.
Common Sense on Mutual Funds, Fully Updated 10th Anniversary Edition Review
.Title: Common Sense on Mutual Funds Binding: Hardcover Author: John C Bogle Publisher: WileyInvoking the words and spirit of Thomas Paine, investor-turned-historian John Bogle concedes that ideas for revamping the mutual-fund industry are perhaps "not yet sufficiently fashionable to them general favor." But despite likening the "ills and injustices suffered by mutual fund investors" to those "our forebears suffered under English tyranny," Bogle--founder of the Vanguard Group-- makes a strong case for index funds with this exhaustive study of investing. He begins with primer-like essays on investment strategy, championing mutual funds for their inherent investment value, and then grinding each point home with a bevy of graphs, charts, entertaining anecdotes, and common sense. He repeatedly stresses time as a basic tenet for investing, listing these simple rules: "Time is your friend"; "Impulse is your enemy"; "Stay the course." And then he proceeds to blast fund managers, who have becom
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