The Little Book of Common Sense Investing

The Little Book of Common Sense Investing is a guide to passive investing by John C. Bogle, the founder of Vanguard Group and creator of the first index fund. Bogle advocates for a simple and low-cost approach to investing that involves buying and holding a diversified portfolio of low-cost index funds. He explains the benefits of index investing, such as lower fees, reduced risk, and consistent returns over time. Bogle also discusses the pitfalls of active trading, market timing, and stock picking, arguing that most investors are better off with a long-term buy-and-hold strategy. By sharing insights from his decades of experience in the financial industry, Bogle provides readers with a practical roadmap for building wealth and achieving financial security.