Common Sense on Mutual Funds
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Author | John Bogle |
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Country | United States |
Language | English |
Subject | Mutual funds |
Publication date
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March 18, 1999 |
Published in English
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John C. Wiley & Sons |
Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor is a book written by John Bogle. Since its release, it has received high accolades in the investment community. It has become a bestseller and is considered a "classic."[1][2] ConsumerAffairs.com rated it on its "15 Business Books That Could Actually Help Make You Rich" list.[3] 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."[4]
The book gives advice to investors about mutual funds, 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."[5]
References
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