The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns Audiobook (Free)
- Thom Pinto
- 5 h 8 min
- Macmillan Audio
- 2007-04-13
Summary:
John C. Bogle’s THE TINY Book of Index Trading is definitely a power-packed explanation of why outperforming the market is an buyer illusion. Instead, the founder of The Vanguard Group-the guy who’s been known as ‘the conscience of the investment industry’*-recommends a simple, time-tested purchase strategy that can deliver the best go back to the greatest amount of investors: indexing. Why? Investing is usually a zero-sum game where transaction costs, taxes, poor purchase diversification, and poor market-timing (an affliction for some investors) hurts your stock portfolio more than it helps. Indexing eliminates that harm. Bottom-line, if you can’t become an index, why not invest in one? And you will be all the happier and richer for this.
*Time Magazine
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