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The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns – John C. Bogle
Non-fiction / 30th August 2019

Introduction The Little Book of Common Sense Investing is about mutual funds, specifically index funds. Essentially, the author is making a case for index fund. Author John C. Bogle is the founder of the Vanguard Mutual Fund Group. He created the world’s first index fund, First Index Investment Trust (precursor to the Vanguard 500 Index Fund) and the rest is history. He passed away on 19 January 2019. Content The Little Book of Common Sense Investing has 20 chapters in total, with an introduction to this 10th anniversary edition at the front. As this is a Little Book, all the chapters are short and succinct. At the end of each chapter, there is a “Don’t Take My Word for It” section where the author quotes some luminaries in the investment field who support his ideas. The 20 chapters are 1) A Parable, 2) Two Rational Exuberance, 3) Cast Your Lot with Business, 4) How Most Investors Turn a Winner’s Game into a Loser’s Game, 5) Focus on the Lowest-Cost Funds, 6) Dividends Are the Investor’s (Best?) Friend, 7) The Grand Illusion, 8) Taxes Are Costs, Too, 9) When the Good Times No Longer Roll, 10) Selecting Long-Term Winners, 11) “Reversion…