Book: Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition by John C. Bogle ISBN: 978-0-470-59748-4
We made it. Twenty-two chapters, hundreds of pages, and a mountain of data later, here we are at the end of our series on John Bogle’s Common Sense on Mutual Funds.
Book: Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition by John C. Bogle ISBN: 978-0-470-59748-4
People actually asked Bogle why he would include a chapter on human beings in an investing book. And his response is perfect: “Who do you think we’re investing the money FOR?”
Book: Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition by John C. Bogle ISBN: 978-0-470-59748-4
Chapter 21 is Bogle at his most philosophical. It’s less about numbers and more about what it means to lead an organization that actually serves its people. And it starts with one goal that tells you everything about the man.
Book: Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition by John C. Bogle ISBN: 978-0-470-59748-4
Every origin story worth telling involves failure. And the story of Vanguard is no exception. Chapter 20 is where Bogle gets personal. He tells you how one of the most important financial companies in history was born from a mess of idealism, bad decisions, lucky breaks, and sheer stubbornness.
Book: Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition by John C. Bogle ISBN: 978-0-470-59748-4
Most investors have no idea how their fund company is organized. They pick a fund, send their money, and assume someone responsible is handling things on the other end. And honestly, that’s understandable. Fund structure sounds like the most boring topic in all of investing.
Book: Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition by John C. Bogle ISBN: 978-0-470-59748-4
This is where the book gets really good. Chapter 5 is about index funds. And if you know anything about John Bogle, you know this is his baby. He literally created the first one.
Book: Common Sense on Mutual Funds: Fully Updated 10th Anniversary Edition by John C. Bogle ISBN: 978-0-470-59748-4
So there’s this guy named John Bogle. He founded Vanguard. He created the first index mutual fund available to regular people. And then he wrote a book that basically tells you everything you need to know about investing your money without getting ripped off.