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  • The Little Book of Common Sense Investing

  • The Only Way to Guarantee Your Fair Share of Stock Market Returns, 10th Anniversary Edition
  • By: John C. Bogle
  • Narrated by: L. J. Ganser
  • Length: 5 hrs and 50 mins
  • 4.6 out of 5 stars (328 ratings)

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The Little Book of Common Sense Investing

By: John C. Bogle
Narrated by: L. J. Ganser
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Publisher's Summary

The best-selling investing "bible" offers new information, new insights, and new perspectives

The Little Book of Common Sense Investing is the classic guide to getting smart about the market. Legendary mutual fund pioneer John C. Bogle reveals his key to getting more out of investing: low-cost index funds. Bogle describes the simplest and most effective investment strategy for building wealth over the long term: buy and hold, at very low cost, a mutual fund that tracks a broad stock market Index such as the S&P 500.

While the stock market has tumbled and then soared since the first edition of The Little Book of Common Sense Investing was published in April 2007, Bogle's investment principles have endured and served investors well. This tenth anniversary edition includes updated data and new information but maintains the same long-term perspective as in its predecessor. Bogle has also added two new chapters designed to provide further guidance to investors: one on asset allocation, the other on retirement investing.

A portfolio focused on index funds is the only investment that effectively guarantees your fair share of stock market returns. This strategy is favored by Warren Buffett, who said this about Bogle: "For decades, Jack has urged investors to invest in ultra-low-cost index funds.... 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. He is a hero to them and to me."

Bogle shows you how to make index investing work for you and help you achieve your financial goals and finds support from some of the world's best financial minds: not only Warren Buffett but Benjamin Graham, Paul Samuelson, Burton Malkiel, Yale's David Swensen, Cliff Asness of AQR, and many others.

This new edition of The Little Book of Common Sense Investing offers you the same solid strategy as its predecessor for building your financial future.

  • Build a broadly diversified, low-cost portfolio without the risks of individual stocks, manager selection, or sector rotation.
  • Forget the fads and marketing hype, and focus on what works in the real world.
  • Understand that stock returns are generated by three sources (dividend yield, earnings growth, and change in market valuation) in order to establish rational expectations for stock returns over the coming decade.
  • Recognize that in the long run, business reality trumps market expectations.
  • Learn how to harness the magic of compounding returns while avoiding the tyranny of compounding costs.

While index investing allows you to sit back and let the market do the work for you, too many investors trade frantically, turning a winner's game into a loser's game. The Little Book of Common Sense Investing is a solid guidebook to your financial future.

©2017 John C. Bogle (P)2017 Audible, Inc.

What listeners say about The Little Book of Common Sense Investing

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    5 out of 5 stars

Best book on stock market investing

This audiobook has changed my perspective in life and investment. Calculate fees is dollars and not in percent. Simple and Good plan is best plan. The more manager involved, the more risk and complexity. I can see myself getting maximum gain with minimum risk on long term. Thanks

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    4 out of 5 stars

Well reasoned and excessively thorough

The investment advice the book offers is to "buy a low cost index fund and hold it forever". The book is entirely about explaining and justifying that advice. It's a repetitive and comprehensive which can make it dull, but it's worth the time for anyone who wants to invest in the stock market without it being a full time job on Wall Street.

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    5 out of 5 stars

Informative, Insightful and thought-provoking.

I love this book. As a new investor, it's always a pleasure listening to the OG giving you the rundown of the whole subject. This is a great book for beginners like me as it opens up my interest to explore thr subject even more!

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    4 out of 5 stars

A Simple Message Repeated Often!

A great guide to investing for long-term returns. I only wish I had read/heard it 30 years ago to take full advantage of the wisdom it holds. A very simple message, repeated often and supported by data and clear examples.

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    5 out of 5 stars

Distilled Genius

I just starting out on my investment journey and am doing my best to read as widely as I can before I start seriously investing the little capital I have. This book is sensible, easy to follow and makes a huge amount of sense. I would recommend this to my friends, family and colleagues. If you are starting out and are a little fun shy like I am when it comes to investing, this is the book for you.

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  • Overall
    5 out of 5 stars

Full of value

Great book for those interested in investing for the long term and want a simple way of doing it

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    5 out of 5 stars

An elegant and rational approach to investing

Bogle articulates a realistic investment strategy that reflects the realities of the market- almost no one can outperform the market over the long term. This is how you get your fair share of returns in spite of this.

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  • Jon
  • 29-07-2019

Great information.

All great information but the outcome could have been stated in two sentences (But would you have believed it)

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awesome book

good book the writer explains the ever confusing stock market in very simple terms. only with the book was longer

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interesting and helpful

good book to learn more about the thinking behind investment choices and strategy as well as potential pitfalls. very helpful

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