Common Sense on Mutual Funds: New Imperatives for the Intelligent InvestorJohn Wiley & Sons, 1999 - 468 sayfa NATIONAL BESTSELLER! "Cogent, honest, and hard-hitting-a must read for every investor." -Warren E. Buffett Praise for Common Sense on Mutual Funds "Invoking both Thomas Paine and Benjamin Graham, Jack Bogle outlines a supremely logical plan not only to better investors' returns, but to improve the whole fund industry. This isn't just the best book yet by Bogle, it may well be the best book ever on mutual funds." -DON PHILLIPS, President & CEO, Morningstar, Inc. "Buffett cannot teach you or me how to become a Warren Buffett. Bogle's reasoned precepts can enable a few million of us savers to become in twenty years the envy of our suburban neighbors-while at the same time we have slept well in these eventful times."-PAUL A. SAMUELSON, Massachusetts Institute of Technology Department of Economics "After a lifetime of picking stocks, I have to admit that Bogle's arguments in favor of the index fund have me thinking of joining him rather than trying to beat him. Bogle's wisdom and his commonsense way of explaining things make this book indispensable reading for anyone trying to figure out how to invest in this crazy stock market."-JAMES J. CRAMER, Money Manager and Senior Columnist for TheStreet.com "Written in his characteristic forthright and visionary style, Bogle penetrates the myths and jargon to shed a powerful light on the central issues that confront every investor, no matter what their level of experience or sophistication." -MARTIN L. LEIBOWITZ, Vice Chairman and Chief Investment Officer, TIAA-CREF "Jack Bogle is one of the great pioneer/visionaries of the investment business. In this book, he shares his knowledge, experience, and judgment to enable us to become better investors. The final philosophical chapters provide insights that may help some of us become better people." -BYRON R. WIEN, Chief U.S. Investment Strategist Morgan Stanley Dean Witter |
İçindekiler
ON LONGTERM INVESTING CHANCE AND THE GARDEN | 3 |
ON THE NATURE OF RETURNS OCCAMS RAZOR | 33 |
ON ASSET ALLOCATION THE RIDDLE OF PERFORMANCE ATTRIBUTION | 57 |
ON SIMPLICITY HOW TO COME DOWN TO WHERE YOU OUGHT TO BE | 83 |
INVESTMENT CHOICES | 107 |
ON INDEXING THE TRIUMPH OF EXPERIENCE OVER HOPE | 109 |
ON EQUITY STYLES TICKTACK TOE | 143 |
ON BONDS TREADMILL TO OBLIVION | 161 |
ON FUND MANAGEMENT | 315 |
ON PRINCIPLES IMPORTANT PRINCIPLES MUST BE INFLEXIBLE | 317 |
ON MARKETING THE MESSAGE IS THE MEDIUM | 333 |
ON TECHNOLOGY TO WHAT AVAIL? | 349 |
ON DIRECTORS SERVING TWO MASTERS | 361 |
ON STRUCTURE THE STRATEGIC IMPERATIVE | 375 |
ON SPIRIT | 397 |
ON ENTREPRENEURSHIP THE JOY OF CREATING | 399 |
ON GLOBAL INVESTING ACRES OF DIAMONDS | 185 |
ON SELECTING SUPERIOR FUNDS THE SEARCH FOR THE HOLY GRAIL | 205 |
ON INVESTMENT PERFORMANCE | 223 |
ON REVERSION TO THE MEAN SIR ISAAC NEWTONS REVENGE ON WALL STREET | 225 |
ON INVESTMENT RELATIVISM HAPPINESS OR MISERY? | 245 |
ON ASSET SIZE NOTHING FAILS LIKE SUCCESS | 257 |
ON TAXES THE MESSAGE OF THE PARALLAX | 277 |
ON TIME THE FOURTH DIMENSIONMAGIC OR TYRANNY | 299 |
ON LEADERSHIP A SENSE OF PURPOSE | 409 |
ON HUMAN BEINGS CLIENTS AND CREW | 423 |
Afterword | 435 |
Some Thoughts about the Current Stock Market as 1999 Begins | 439 |
Supplemental Data | 447 |
Notes | 449 |
| 455 | |
Diğer baskılar - Tümünü görüntüle
Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor John C. Bogle Sınırlı önizleme - 1999 |
Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor John C. Bogle Metin Parçacığı görünümü - 2000 |
Sık kullanılan terimler ve kelime öbekleri
advisers annual return asset allocation average billion Bogle bond funds bond market bull market cash Chapter common sense corporate decade dividend yield earnings growth equity fund expense ratio Figure financial markets firm fund assets fund expenses fund managers fund portfolio fund returns fund shares fund's global gross returns growth stocks high-cost higher hold impact index fund industry's investment strategy large-cap long-term investment long-term returns low-cost management company market index market returns ment Morningstar mutual fund industry mutual fund investors mutual organization Occam's Razor outpace passively managed past percent annually percentage points performance period Poor's 500 Index portfolio managers portfolio turnover price-earnings ratio quartile rate of return real returns relative returns earned risk risk-adjusted return Sharpe ratio short-term simply small-cap Standard & Poor's standard deviation stock market stock returns stocks and bonds structure total return transaction costs U.S. stocks U.S. Treasury Vanguard vestors volatility Warren Buffett Wilshire