The Little Book of Common Sense Investing
John Bogle founded Vanguard and created the first index fund for everyday investors, and this short book is his straightforward argument for that approach. He shows how fees, trading costs, and taxes quietly eat into returns, and why trying to pick winning stocks or funds usually loses to simply owning the whole market at low cost. The message is plain and repeated with conviction: buy a broad index fund, keep costs down, and stay the course. Warren Buffett recommended it in his 2014 shareholder letter, telling investors to read Bogle rather than listen to the siren songs of expensive managers.
What you might want to know about The Little Book of Common Sense Investing
The questions readers send us most often, answered without spoilers.
The founder of Vanguard makes the case that ordinary investors do best by buying low-cost index funds and holding them for the long run.
John Bogle founded the Vanguard Group and created the first index mutual fund available to ordinary investors. He spent his career arguing for low-cost, long-term investing.
Yes. In his 2014 Berkshire Hathaway shareholder letter, Buffett told investors to read Jack Bogle's The Little Book of Common Sense Investing.
The Little Book of Common Sense Investing was written by John C. Bogle, published in 2007 by Wiley.
The Little Book of Common Sense Investing is 216 pages in standard print editions, though page counts vary slightly between hardcover, paperback, and large-print formats.
At an average reading pace of about 250 words per minute, The Little Book of Common Sense Investing takes most readers 3 to 5 hours to finish.
The Little Book of Common Sense Investing is available in hardcover, paperback, ebook, and audiobook formats from Amazon, Bookshop.org, ThriftBooks, and most major bookstores.