出版社: John Wiley & Sons
副标题: The Only Way to Guarantee Your Fair Share of Stock Market Returns
出版年: 2007-3-20
页数: 216
定价: GBP 19.99
装帧: Hardcover
丛书: Little Books. Big Profits
ISBN: 9780470102107
内容简介 · · · · · ·
Investing is all about common sense. Owning a diversified portfolio of stocks and holding it for the long term is a winner’s game. Trying to beat the stock market is theoretically a zero-sum game (for every winner, there must be a loser), but after the substantial costs of investing are deducted, it becomes a loser’s game. Common sense tells us—and history confirms—that the sim...
Investing is all about common sense. Owning a diversified portfolio of stocks and holding it for the long term is a winner’s game. Trying to beat the stock market is theoretically a zero-sum game (for every winner, there must be a loser), but after the substantial costs of investing are deducted, it becomes a loser’s game. Common sense tells us—and history confirms—that the simplest and most efficient investment strategy is to buy and hold all of the nation’s publicly held businesses at very low cost. The classic index fund that owns this market portfolio is the only investment that guarantees you with your fair share of stock market returns.
To learn how to make index investing work for you, there’s no better mentor than legendary mutual fund industry veteran John C. Bogle. Over the course of his long career, Bogle—founder of the Vanguard Group and creator of the world’s first index mutual fund—has relied primarily on index investing to help Vanguard’s clients build substantial wealth. Now, with The Little Book of Common Sense Investing, he wants to help you do the same.
Filled with in-depth insights and practical advice, The Little Book of Common Sense Investing will show you how to incorporate this proven investment strategy into your portfolio. It will also change the very way you think about investing. Successful investing is not easy. (It requires discipline and patience.) But it is simple. For it’s all about common sense.
With The Little Book of Common Sense Investing as your guide, you’ll discover how to make investing a winner’s game:
Why business reality—dividend yields and earnings growth—is more important than market expectations
How to overcome the powerful impact of investment costs, taxes, and inflation
How the magic of compounding returns is overwhelmed by the tyranny of compounding costs
What expert investors and brilliant academics—from Warren Buffett and Benjamin Graham to Paul Samuelson and Burton Malkiel—have to say about index investing
And much more
You’ll also find warnings about investment fads and fashions, including the recent stampede into exchange traded funds and the rise of indexing gimmickry. The real formula for investment success is to own the entire market, while significantly minimizing the costs of financial intermediation. That’s what index investing is all about. And that’s what this book is all about.
作者简介 · · · · · ·
JOHN C. BOGLE is founder of the Vanguard Group, Inc., and President of its Bogle Financial Markets Research Center. He created Vanguard in 1974 and served as chairman and chief executive officer until 1996 and senior chairman until 2000. In 1999, Fortune magazine named Mr. Bogle as one of the four "Investment Giants" of the twentieth century; in 2004, Time named him one of the ...
JOHN C. BOGLE is founder of the Vanguard Group, Inc., and President of its Bogle Financial Markets Research Center. He created Vanguard in 1974 and served as chairman and chief executive officer until 1996 and senior chairman until 2000. In 1999, Fortune magazine named Mr. Bogle as one of the four "Investment Giants" of the twentieth century; in 2004, Time named him one of the world’s 100 most powerful and influential people, and Institutional Investor presented him with its Lifetime Achievement Award.
丛书信息
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The Little Book of Common Sense Investing的书评 · · · · · · ( 全部 17 条 )
![](https://img2.doubanio.com/icon/u1256116-1.jpg)
书很好,可是基本上拉长了三倍
这篇书评可能有关键情节透露
说来说去,可以用下面几句话来说明: 1. 长期打败市场很困难,即使有,你也未必找得到。所以能够获得接近大盘的收益就不错了。 2. 看似 1% 到2% 的成本差异,在长期而言,考虑到复利的因素对最终的投资结果有重大影响。指数基金的优越性不仅在于其不指望跑赢大盘,而且在于费... (展开)![](https://img9.doubanio.com/icon/u150078855-5.jpg)
指数基金之父的书——约翰·博格的金玉良言
这篇书评可能有关键情节透露
指数基金之父——约翰·博格的金玉良言,评级四颗星,****。 书名翻译的很俗气,英文原文为《The little book of common sense investing》,翻译为《投资的常识》更中肯。作者约翰·博格,美国第二大共同基金先锋集团的创始人,提倡低成本方式的指数化被动投资。 股票交易本是... (展开)![](https://img9.doubanio.com/icon/u2776620-4.jpg)
给自己的markup
![](https://img9.doubanio.com/icon/u158865504-6.jpg)
历史的高收益已经一去不复返
这篇书评可能有关键情节透露
指数基金相比主动型基金管理费少。 股市的黄金时代即将结束。2006-2016标普500年平均收益率6.9%。未来6%,甚至4%。 《聪明的投资者》——在投资中,真正的钱是创造出来的,就像我们最初用汗水赚到的那笔钱一样,真正的财富不可能来自买卖,只能源于买入证券并长期持有,收取利... (展开)![](https://img2.doubanio.com/icon/u234038927-1.jpg)
长赢投资:博格谈指数基金
这篇书评可能有关键情节透露
巴菲特曾说,对大多数投资者而言,低成本的指数基金就是最合理的股票型投资基金。那么指数基金是什么?指数基金之父——约翰·博格写了《长赢投资:博格谈指数基金》这本书,来介绍指数基金及其优势。 1975年,博格创立了全世界第一只指数型共同基金“先锋500”,它是全球目前... (展开)> 更多书评 17篇
论坛 · · · · · ·
在这本书的论坛里发言这本书的其他版本 · · · · · · ( 全部8 )
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世界图书出版公司 (2013)7.6分 150人读过
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订阅关于The Little Book of Common Sense Investing的评论:
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0 有用 yihan爱书橱 2015-07-03 23:53:55
三年前读了John Bogle的Enough,最近又重温了一下他这本《投资常识小书》。说实话我为泡沫破裂做了半年准备,但暴跌来临时还是没准备充分。虽然损失在可控范围内,但也足够引以为戒。温故知新啊!P.S. 这本书还是非常适合作为投资启蒙书籍的。
2 有用 zhenmafan 2015-06-06 06:13:55
整本从各个方面强调index fund的好。。。太无趣了。。。
0 有用 圣小香 2015-04-28 21:54:44
#2015#07
0 有用 Kobin Tjan 2010-02-01 07:51:46
里面的话有些道理,但作为中国现阶段的投资策略不可取
1 有用 0xNPC 2024-01-10 18:01:48 广东
index mutual fund 发明人本人。 但凡早点看到这本书我就不会去碰那该死的ETF. 人要是妄想beat the market就把投资变成了zero-sum game,扣除掉管理费,交易手续费,还有税就成了个loser‘s game. 对绝大多数人来说最好的投资选择还真就是指数基金。
0 有用 Claudia 2024-03-07 19:08:19 北京
核心思想就是在推荐index,不过很喜欢这作者的语言风格
0 有用 后火Backfire 2024-01-27 04:02:54 西班牙
Ultimate answer: index fund
0 有用 llddrr 2024-01-22 02:08:48 美国
simple them and easy to read
1 有用 0xNPC 2024-01-10 18:01:48 广东
index mutual fund 发明人本人。 但凡早点看到这本书我就不会去碰那该死的ETF. 人要是妄想beat the market就把投资变成了zero-sum game,扣除掉管理费,交易手续费,还有税就成了个loser‘s game. 对绝大多数人来说最好的投资选择还真就是指数基金。
0 有用 GlacialeInfini 2023-12-10 11:44:39 美国
基本上痛批所有actively managed mutual funds,补充了一些常识,但觉得没必要写成这么长的书