Praise for the original edition of
Common Sense on Mutual Funds
“Cogent, honest, and hard-hitting—a must-read for every investor. Bogle does the American investor a real service by carrying on his crusade. Absolutely terrific, particularly Part IV, ‘On Fund Management.’ I hope some journalists and the SEC get energized after reading it.”
—Warren E. Buffett
Praise for the tenth anniversary edition of
Common Sense on Mutual Funds
“Jack Bogle gave the public two magnificent gifts—Vanguard . . . and Common Sense on Mutual Funds, a readily accessible guide on how to manage personal investment portfolios. Take advantage of Jack Bogle’s gifts and pass them on to someone you love.”
—David F. Swensen, Chief Investment Officer, Yale University
“We don’t know who first invented the wheel. But the one and only inventor
of the first index mutual fund—broadly diversified and investor-friendly—was
John Bogle. If you will read only one book on canny personal investing, don’t
pick Warren Buffett’s valuable offering. Buffett cannot make you or me a Warren
Buffett. By contrast, John Bogle can help make any of us a canny investor who
minimizes wasteful turnover and unuseful selling loads. The only thing better than
Bogle’s original book is its improved revision.
Bon appetit!”
—Paul A. Samuelson, Nobel Laureate, Economics;
Massachusetts Institute of Technology Professor, Emeritus;
Professor of Economics, Emeritus; Gordon Y. Billard Fellow
“Were I allowed to recommend only one investment volume to friends and family, the updated edition of
Common Sense on Mutual Funds would be it; in no other single place can you so easily, and enjoyably, acquire the expertise and perspective necessary to harness the vast power of the financial markets. This is the book that the investment industry doesn’t want you to read, and is even better than the first edition was 10 years ago. Read it, and your heirs will thank you.”
—William J. Bernstein, author of The Investor’s Manifesto, A Splendid Exchange, The Birth of Plenty, and The Four Pillars of Investing
“How do you improve upon perfection? Well, with this tenth anniversary edition of Common Sense, the best mutual fund primer just got better. Jack Bogle’s work clearly stands the test of time. Bogle’s reflections and additions further underscore his timeless insights. This book remains required reading for everyone interested in funds.”
—Don Phillips, Managing Director, Morningstar
“In this timely update of
Common Sense, John Bogle improves on what was the finest book on mutual funds ever written. This new edition addresses post-meltdown investing and helps you make your way through the zoo of financial products offered today. Bogle is one of the few to stick up for the average investor all the time. His watchwords—‘simple’ and ‘low-cost’—are the most sophisticated approach to investing you’ll ever find.”
—Jane Bryant Quinn, financial columnist and author of Smart and Simple Financial Strategies for Busy People
“Jack Bogle cares passionately about everyday Americans—and that passion is palpable in these pages. This new edition of
Common Sense won’t just arm you with the investment knowledge you need. It will also inspire you to be a better investor and send you marching into the financial markets with a sense of mission.”
—Jonathan Clements, author, The Little Book of Main Street Money
“In this latest update of his
Common Sense classic, Bogle gives us a mother lode of new research and novel insights, which he then combines with wisdom from an amazing array of sources—including the late, great Peter L. Bernstein, the medieval scholar William of Occam, the ancient Hebrew Talmud, and others—to forge a powerful no-nonsense prescription for how individual investors should structure their portfolios in the current market environment.”
—Martin Leibowitz, Managing Director, Morgan Stanley
“For more than half a century Jack Bogle has provided investment insights and pioneering products that have helped both small and large investors. When the history of modern investment management is written, he will stand out as one of its towering figures.”
—Byron R. Wien, Vice Chairman, Blackstone Advisory Services
“Once again, Jack Bogle has delivered straight talk to investors, just when they need it most. This updated edition—complete with confessional mea culpas when called for—shows why Bogle is not only the conscience of the mutual fund business, but its poet and prophet.”
—Tyler Mathisen, Managing Editor, CNBC Business News
