Common Sense on Mutual Funds

Fully Updated 10th Anniversary Edition

De: John C Bogle

Narrado por: Scott Peterson

John Bogle - founder of the Vanguard Mutual Fund Group and creator of the first index mutual fund - is an industry pioneer. Over the years, he has single-handedly transformed the mutual fund business, and today, his vision continues to inspire investors .It has been over a decade since the original edition of Common Sense on Mutual Funds was first published. While much has changed during this time, the importance of investing and the issues addressed in the original edition of this book have not. Now, in the Fully Updated 10th Anniversary Edition of Common Sense on Mutual Funds, Bogle returns to update his in-depth look at mutual funds and the business of investing - helping you navigate through the staggering array of investment options found in today's evolving investment landscape.

Timely and timeless, this important audiobook examines the fundamentals of mutual fund investing in turbulent market environments and offers valuable guidance for building an investment portfolio. Along the way, Bogle shows you that simplicity and common sense still trump costly complexity, and that a low cost, broadly diversified portfolio continues to be the best way to build wealth at the lowest cost and risk - and will almost always outperform more expensive, actively managed mutual funds.Throughout, Bogle skillfully presents a platform for intelligent investing as he analyzes costs, exposes tax inefficiencies, and warns of the mutual fund industry's conflicting interests.

Emphasizing long-term investing and asset allocation, Bogle offers sensible solutions to the fund selection process and reveals what it will take to make it in today's chaotic market. Securing your financial future has never seemed more difficult, but after listening to this revised and updated edition of Common Sense on Mutual Funds, you will become a better investor. From stock and bond funds to global investing and index funds, this audiobook will help you regain your financial footing and make more informed investment decisions.

©2010 John C. Bogle (P)2012 Gildan Media, LLC

Reseñas de la Crítica

"The only thing better than Bogle's original book is its improved revision. Bon appetit!" (Paul A. Samuelson, Nobel Laureate, Economics)

"Were I allowed to recommend only one investment volume to friends and family, the updated edition of Common Sense on Mutual Funds would be it - it is even better than the first edition was ten years ago." (William J. Bernstein, author of The Investor's Manifesto, A Splendid Exchange, The Birth of Plenty, and The Four Pillars of Investing)

Does what it says on the tin

A bit repetitive, but really drives the point home. The average mutual fund is the market less fees, therefore it will underperform the market by the amount of the fees.

Must read on investing!

It's a bit long and heavy but the words are wise and true. Index funds are the best. Vanguard

Good but redundant

Any additional comments?

The book offers great advice, especially toward the beginning. But the second half seems to just go off into too many different reasons why high fees are bad for mutual funds. It would have sufficed to just say, "stay away from funds with high fees", instead of going into all the details about fees and looking at it from every angle.

a hard listen

i missed a lot and didnt feel like i missed anything. the points were hammered home like an overzealous sales pitch or a republican platform. good for financial health, but glad im done.

A solid way to look at funds

The book is full of great insight into looking at mutual funds differently, that being said the reader is very monotone which for a 20 hour long book makes it extremely difficult to listen to on long rides in the car I would highly recommend the book to anyone though as the information is pretty solid.

A rich reservoir of investing information

I enjoyed this profuse and incredible financial book. When I start investing, God willing I will invest 70% stocks and 30% bonds. I hoped the author would have dove deep into the practical aspects of investing like the different avenues of purchasing shares, how to sell, when to sell, when to hold on etc. I am grateful for the massive information and guidance

Essential for the modern investor

Mr. Bogle yet again provides incredibly straightforward advice for the modern investor as he sheds light on the hidden dark sides of the investment industry. Critical information for any modern investor.

make some money buy this book.

Can be a bit technical, but stick with it... it is worth the knowledge.

Wisdom

A great book that makes a convincing case to invest wisely and filter out the noise of hot funds and hot fund managers. I highly recommend it.

Excellent Book, Jackass of a narrator in Ch 6

Some annoying little chump narrates in ch 6. Otherwise, the book is outstanding and Jack is a genius.