The Smart Investor's Guide: A Surefire Way to Make Profits in the Stock Market

This classic guide to investing is a new, expanded edition of the bestselling book by John Bogle, pioneer of the mutual fund industry, investment guru, and head of the largest investment firm, The Vanguard Group. The author offers a simple and effective investment strategy: buy a fund that holds a portfolio of stocks of the entire market and own it forever. The book, however, contains more than recommendations on how to work with index funds. After reading it, you can look at investing in a different way. John Bogle shows why long-term investing is in your best interest far better than short-term speculation; how diversification is important; the role of investment value; and why it is dangerous to focus on a fund's past performance and ignore the principle of reversion to the mean in investing. This book will show you the right way to secure your financial future. o A new, expanded edition of John Bogle's best-selling book. o The "Bible" of investing. o The classic guide to investing. o Author John Bogle is a stock market legend, creator of the world's first index fund, and an investment guru. o Reveals the index fund strategy. Quotes The winning strategy of stock market investing is to buy shares of all nationally listed companies at the lowest price. This book offers more than just index fund advice. It changes the very idea of investing. Once you understand how financial markets actually work, you will see that only investing in an index fund can ensure that you get your fair share of the returns that an index brings. Too often, the market causes investors to focus on fickle short-term expectations rather than on what really matters - the gradual accumulation of returns generated by U.S. companies. Who For For those in the investing industry. Awards, ratings Bestseller according to Amazon Reviews by experts I remember well my first unsuccessful investment: I gave my money to a well-known investment bank under a management mandate, where managers bought and sold shares, receiving a commission on each transaction. When I started investing myself, I found out by experience that I get the most income from shares I hold for 10-15 years. Probably, if I had read "The Intelligent Investor's Guide" then, I would have realized it much earlier. Leonid Boguslavsky, Founder and General Partner of RTP Global International Venture Funds The Intelligent Investor's Guide is an easy-to-understand book that can be useful to a wide range of non-professional investors, but also tells professional investors how to behave properly in relation to markets and clients. The theory outlined is supported by many years of practice and is a working tool for investing in the public markets. Of course, it is worth remembering that there are other asset classes, sometimes much more profitable, but also more risky. Igor Ryabenky, venture capitalist, founder of investment firm AltaIR Capital This book should be read by every investor. It will help you make the full power of the world business work for you, but will protect you from the danger of hurting yourself by falling for the tricks of unscrupulous intermediaries. You will find in it the key rules of common sense investing - nothing more, nothing less - from John Bogle and other great investors. Sergey Spirin, founder of the AssetAllocation.ru project John Bogle did for finance roughly what Gutenberg did for printing, Henry Ford for the automobile industry, and Shakespeare for the English language. The Prudent Investor's Handbook is a small book that sets out the quintessential ideas from the seven decades over which Bogle revolutionized the investment process for everyone from humble retirement account holders to the largest pension and university endowments. Read