Caveat Emptor Index xxxvii Part I BUILDING BLOCKS 1 Chapter One THE REWARDS OF INVESTING 3 Chapter Two THE RISKS OF INVESTING 24 Chapter Three MUTUAL FUNDS: PRINCIPLES, PRACTICALITIES, PERFORMANCE 48 Part II MUTUAL FUND SELECTION 65 Chapter Four HOW TO SELECT A COMMON STOCK MUTUAL FUND 67 Chapter Five HOW TO SELECT A BOND MUTUAL FUND 97 Chapter Six HOW TO SELECT A MONEY MARKET FUND 120 Chapter Seven HOW TO SELECT A BALANCED MUTUAL FUND 135 Chapter Eight WHERE TO GET MUTUAL FUND INFORMATION 147 Part III NEW PERSPECTIVES ON THREE KEY ISSUES 167 Chapter Nine INDEX FUNDS 169 Chapter Ten MUTUAL FUND COSTS 190 Chapter Eleven TAXES AND MUTUAL FUNDS 209 Part IV PRACTICAL APPLICATION OF INVESTMENT PRINCIPLES 233 Chapter Twelve THE ALLOCATION OF INVESTMENT ASSETS 235 Chapter Thirteen MUTUAL FUND MODEL PORTFOLIOS 259 Chapter Fourteen A MANDATE FOR FUND SHAREHOLDERS 280 Epilogue TWELVE PILLARS OF WISDOM 303 Notes 308 Index 311
JOHN C. BOGLE is founder and former chairman of the Vanguard Group of mutual funds and President of its Bogle Financial Markets Research Center. After creating Vanguard in 1974, he served as chairman and chief executive officer until 1996 and senior chairman until 2000. Bogle is the author of ten books, including Enough.: True Measures of Money, Business, and Life, The Little Book of Common Sense Investing, and Clash of the Cultures: Investment vs. Speculation, all published by Wiley.
"No investor can be called "intelligent" who doesn't understand the principles Bogle articulates in this book. The investor may still decide to try his hand at outperforming the market, but he should know what he's up against." - Investing.com