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

This classic investment guide is a new, updated edition of the best-selling book by John Bogle, mutual fund industry pioneer, investment guru, head of the largest investment company The Vanguard Group. The author proposes a simple and effective investment strategy: buy a fund that holds a portfolio of shares of the entire market, and own it forever. The book, however, contains much more than recommendations for working with index funds. After reading it, you will be able to look at investing differently. John Bogle shows why long-term investment is much better for you than short-term speculation; How important is diversification? What role does the cost of investment play? why focusing on past fund performance and ignoring the principle of reversion to the mean in investing is dangerous. This book will show you the right way to secure your financial future.