Now, in this completely updated Second Edition, Bogle returns to take another critical look at the mutual fund industry and help investors navigate their. “New ideas that fly in the face of the conventional wisdom of the day are always greeted with doubt and scorn. Bogle shares his extensive insights on investing in mutual funds Since the first edition of Common Sense on Mutual Funds was published in 1999, much has changed, and no one is more aware of this than mutual fund pioneer John Bogle. The great investors did this in some form or fashion, and Bogle is no exception. He is a hero to them and to me.” -Warren BuffettĪ theme that is emerging from my reading is the importance of challenging the conventional wisdom. The classic index fund that owns this market portfolio is the only investment that guarantees you with your fair share of stock market returns. 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. Jack Bogles Common Sense Investing Principles 16,986 views John Clifton Bogle popularly known as Jack Bogle wrote a b. Common sense tells us-and history confirms-that the simplest and most efficient investment strategy is to buy and hold all of the nations publicly held businesses at very low cost. “In his early years, Jack was frequently mocked by the investment-management industry. Ridiculed as 'un-American' and 'a sure path to mediocrity,' the fund collected a mere $11 million during its initial underwriting.

Bogle brought index investing to the individual investor in 1976 when Vanguard introduced the First Index Investment Trust.

Like many innovators before him, Bogle had to go against-the-grain to make his mark. Given the current popularity of indexing, I found it interesting to learn about how the idea was met with disdain from the investing community.

Jack bogle common sense investing