The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns

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.

This is the one book you musr read again and again ,give it as a gift to your spouse and kids ,it will help your next generations.they will thank you for giving a gem of advice on index investing . in such a small little book ,every page is packed with solid advice on how majesty of simplicity is better than complexity. just invest in low cost ,traditional ,classic ,conventional market cap. weighted all stock market index funds ,all bond market index funds and all international market index fund. if you want to invest in just one mutual fund just buy a traditional INDEX balanced fund direct ,dividened reinvested to enjoy the magic of compounding for long term above 10 TO 30 YEARS or forever .o stranger the airthmatic is ultimate science,mother of all safety. never pay a sales load or expense ratio above 0.20% for an index fund,as in long term cost matters. I have ordered all 10 books written by john c. bogle ,and 2 boglehead guides on investing and on retirement plan . what I was reading before ? bogle each book is filled with tons of financial knowledge ,the integrity and straight talk ,bogle writes for the benefit of investors, take full benefit of it ,stop subscription to useless financial magzines and newsletters ,invest same money in true knowledge of index investing revolution caused by vanguard founder in 1974 with LAUNCH of first vanguard s&p 500 index fund IN 1976 by john c.bogle which now became the largest fund of the world.DR ANIL GUPTA MD (NEW-YORK) CARDIOLOGIST now a true boglehead

Book makes a great pitch on Index fund investing ( of course the Vanguard founder is expected to do this) !!! No surprises in this.Disadvantages of General Equity funds :1) Marketing / Stock turnover expenses/ taxes2) mathematical averages catching up with fund manager performance.So buying an Index fund is no brainer. In India probably the Nifty 50 funds might be better than large cap funds.But does this theory hold good in a market like India. Also this might be true for large cap funds. But as you go down the line to small caps.....the argument may not hold good.

Nicely articulated and aptly put the facts

simple analysis showing why investing in low-cost index funds should be the main approach to follow as an investor. a littler bit repetitive in the first chapters but some very interesting points towards the end about etfs and (brief) asset allocation. definitely makes a convincing point, sharing a handful of opinions given by experts in the field that agree and (some) also adopt it in their own portfolios. not an extensive guide as it could have compared this passive strategy to invest in the market with some other strategies but a strong guidebook nevertheless.

A book that makes you realise your mistakes on your investment journey.I wish I had read this book during my initial days of mutual fund investments.

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.

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