Finance:Common Sense on Mutual Funds
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| Author | John Bogle |
|---|---|
| Country | United States |
| Language | English |
| Subject | Mutual funds |
Publication date | March 18, 1999 |
Published in English | John C. Wiley & Sons |
Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor, written by John Bogle, is a book educating investors about mutual funds, with a focus on the praise of index funds and the importance of having a long-term strategy. On the dust jacket cover, Jim Cramer wrote, "After a lifetime of picking stocks, I have to admit that (Vanguard Group founder John) Bogle's arguments in favor of the index fund have me thinking of joining him rather than trying to beat him."[1]
Since its release, it has received high accolades in the investment community. It has become a bestseller and is considered a "classic".[2][3] ConsumerAffairs.com rated it on its "15 Business Books That Could Actually Help Make You Rich" list.[4] Despite it being aimed at American audiences, the British newspaper The Independent stated "there is nothing in it that does not apply in some measure to the UK fund industry."[5]
See also
- Burton Malkiel's A Random Walk Down Wall Street
References
- ↑ Krantz, Matt (May 3, 2006). "Managing Your Money". USA Today. Archived from the original on February 13, 2012. https://web.archive.org/web/20120213013454/http://www.usatoday.com/money/perfi/columnist/krantz/2006-04-03-jim-cramer_x.htm.
- ↑ David Brancaccio (October 3, 2010). "John Bogle". NOW on PBS. Archived from the original on September 13, 2016. https://web.archive.org/web/20160913074058/http://www.pbs.org/now/politics/bogle.html.
- ↑ Scott Burns (March 13, 2010). "A visit with John Bogle". Seattle Times. Archived from the original on June 22, 2011. https://web.archive.org/web/20110622095712/http://seattletimes.nwsource.com/html/businesstechnology/2011248667_burns14.html.
- ↑ Yager, Fred (December 18, 2010). "Here Are 15 Business Books That Could Actually Help Make You Rich". ConsumerAffairs.com. Archived from the original on December 23, 2010. https://web.archive.org/web/20101223024325/http://www.consumeraffairs.com/news04/2010/12/here-are-15-business-books-that-could-actually-help-make-you-rich.html.
- ↑ Davis, Johnathan (May 19, 1999). "Investment: Simplicity and low costs are key to success". The Independent. Archived from the original on March 4, 2016. https://web.archive.org/web/20160304194541/http://www.independent.co.uk/news/business/investment-simplicity-and-low-costs-are-key-to-success-1094473.html.
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