The Little Book of Common Sense Investing (Summary)
ebook ∣ The Only Way to Guarantee Your Fair Share of Stock Market Returns
By John C. Bogle
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getAbstract Summary: Get the key points from this book in less than 10 minutes.
Author John C. Bogle is the former chairman and CEO of The Vanguard Mutual Fund Group, the world's largest pure no-load mutual fund company. In 1976, he conceptualized, developed and introduced the world's first index fund for the individual investor. This brand new investment product revolutionized the financial marketplace. In the words of Dr. Paul Samuelson of M.I.T., "The creation of the first index fund by John Bogle was the equivalent of the invention of the wheel and the alphabet." Today, index funds account for $1 trillion in invested funds. Everyone from investment genius Warren Buffett to Nobel Laureates Samuelson, William Sharpe and Daniel Kahneman recommend index funds for the typical investor. Bogle explains what index funds do and why they are reliable investments in this exhaustively researched, carefully reasoned, highly accessible, common sense book. If you are an investor, getAbstract believes you should take Bogle seriously; after all, he invented this alternative.
Book Publisher:
Wiley
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