The Little Book of Common Sense Investing

The Only Way to Guarantee Your Fair Share of Stock Market Returns, 10th Anniversary Edition

By: John C. Bogle

Narrated by: L. J. Ganser

Length: 5 hrs and 50 mins

Publisher's summary

The best-selling investing "bible" offers new information, new insights, and new perspectives

The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks a broad stock market Index such as the S&P 500.

While the stock market has tumbled and then soared since the first edition of The Little Book of Common Sense Investing was published in April 2007, Bogle's investment principles have endured and served investors well. This tenth anniversary edition includes updated data and new information but maintains the same long-term perspective as in its predecessor. Bogle has also added two new chapters designed to provide further guidance to investors: one on asset allocation, the other on retirement investing.

A portfolio focused on index funds is the only investment that effectively guarantees your fair share of stock market returns. This strategy is favored by Warren Buffett, who said this about Bogle: "For decades, Jack has urged investors to invest in ultra-low-cost index funds.... Today, however, he has the satisfaction of knowing that he helped millions of investors realize far better returns on their savings than they otherwise would have earned. He is a hero to them and to me."

Bogle shows you how to make index investing work for you and help you achieve your financial goals and finds support from some of the world's best financial minds: not only Warren Buffett but Benjamin Graham, Paul Samuelson, Burton Malkiel, Yale's David Swensen, Cliff Asness of AQR, and many others.

This new edition of The Little Book of Common Sense Investing offers you the same solid strategy as its predecessor for building your financial future.

• Build a broadly diversified, low-cost portfolio without the risks of individual stocks, manager selection, or sector rotation.
• Forget the fads and marketing hype, and focus on what works in the real world.
• Understand that stock returns are generated by three sources (dividend yield, earnings growth, and change in market valuation) in order to establish rational expectations for stock returns over the coming decade.
• Recognize that in the long run, business reality trumps market expectations.
• Learn how to harness the magic of compounding returns while avoiding the tyranny of compounding costs.

While index investing allows you to sit back and let the market do the work for you, too many investors trade frantically, turning a winner's game into a loser's game. The Little Book of Common Sense Investing is a solid guidebook to your financial future.

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.

©2017 John C. Bogle (P)2017 Audible, Inc.

Really good info but pretty repetitive.

Bogle makes a very convincing argument on how to invest: via index funds. He spends most of the book explaining why it is the best option. Unless your are very skeptical, you don't need all the extra chapters going in depth. Even if you are skeptical, a lot of it is repition.

I still highly recommend the book for the info.

Incredible Listen

Such and important book. Yes the overall concept can be distilled to a few main points but when you are thinking of investing your hard work I think it’s important to gain a full understanding of it. Will listen again!

excellent advice for non technical financial minds

great , concisely what one needs when getting started in investments.
somewhat old fashioned but not a bad listen

good stuff

I like the idea of long-term investing. It's not gambling just common sense. Also get used to the word index

Great investment advise!!!

If you're looking for great investment advice, this is the guide for you. I would definitely recommend this audio book to my family and friends.

I'm Convinced

Excellent performance; this is the modern classic of investing books. I'm going to take his advice.

A Financial anchor

Probably the third time listening to it and will listen again in the future. Each time I glean something new.

Good for beginner investors, but too repetitive.

The legend John Bogle telling us that investing in index funds tracking the s&p500 is your best bet for a long term winning strategy. Gets really boring and repetitive, I couldn’t wait to finish it to move into a new book. Nothing new to learn here for investors that are already aware what index funds are.

Invest in S&P 500 Indeed Funds

Basically, the premise of the entire book is John C. Bogle making his case as to why you should invest in Traditional Index Funds, and hold them forever. He makes a pretty compelling argument. I enjoyed listening to his words of wisdom.

excellent

Short and to the point. Some new advice and some reminders to keep investing simple.