John C Bogle
Author
Series
Language
English
Formats
Description
John C. Bogle, founder of Vanguard, thoroughly discusses the risks and rewards of investing in mutual funds. He explains how to select among the four basic categories of funds: common stock, bond, money market, and balanced. He argues convincingly that a passively managed "index fund" costs less and is more reliable than a fund managed by someone making weighted bets on individual securities, sectors, and the economy. Bogle, long the mutual fund industry's...