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Cover of The Little Book of Common Sense Investing by John C. Bogle

The Little Book of Common Sense Investing

John C. Bogle · 2007

Bogle, founder of Vanguard and inventor of the index fund, makes the simplest and most powerful argument in investing: you cannot consistently beat the market, fees compound devastatingly, and a low-cost index fund will outperform most professionals over time. This is the book that launched a trillion-dollar shift in how ordinary people invest. Elegant, ruthless, correct.

The case against

Bogle had one idea, a great one, and it fits on an index card: buy the index fund, mind the fees. The book restates it for two hundred pages, each chapter closing with a 'Don't Take My Word for It' parade of authorities endorsing what you have already conceded. You needed an essay; he sold you a sermon.

Business & Investing · the Pro canon

The case for it and the rest of the canon open with Pro.

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