The Little Book of Common Sense Investing is May eBook of the Month
DUBLIN, Ohio, USA, 30 April, 2007—To learn how to make index investing work, there’s no better mentor than legendary mutual fund industry veteran John C. Bogle. Over the course of his long career, Bogle—founder of the Vanguard Group and creator of the world’s first index mutual fund—has relied primarily on index investing to help Vanguard’s clients build substantial wealth. And now, with The Little Book of Common Sense Investing, investors everywhere can learn his secrets.
Filled with in-depth insights and practical advice, The Little Book of Common Sense Investing will demonstrate how to incorporate this proven investment strategy and build a winning portfolio. It will also change the very way readers think about investing. With The Little Book of Common Sense Investing as a guide, readers will discover how to make investing a winner’s game and learn:
• Why business reality—dividend yields and earnings growth—is more important than market expectations
• How to overcome the powerful impact of investment costs, taxes, and inflation
• How the magic of compounding returns is overwhelmed by the tyranny of compounding costs
• What expert investors and brilliant academics—from Warren Buffett and Benjamin Graham to Paul Samuelson and Burton Malkiel—have to say about index investing
• And much more
The Little Book of Common Sense Investing also offers warnings about investment fads and fashions, including the recent stampede into exchange traded funds and the rise of indexing gimmickry. The real formula for investment success is to own the entire market, while significantly minimizing the costs of financial intermediation. That’s what index investing is all about. And that’s what this book is all about.
The Little Book of Common Sense Investing is provided through the generous support of John Wiley & Sons, Inc., and will be available through more than 14,000 participating libraries May 1-30. To help libraries promote the May eBook of the Month, NetLibrary has developed a tool kit of free promotional resources that includes print-on-demand bookmarks, a sample press release and electronic support materials. More information is available at:
http://www.netlibrary.com/Librarian/ToolsAndResources/eBookOfTheMonth.aspx
About the Author
John C. Bogle is founder of the Vanguard Group, Inc., and President of its Bogle Financial Markets Research Center. He created Vanguard in 1974 and served as chairman and chief executive officer until 1996 and senior chairman until 2000. In 1999, Fortune magazine named Mr. Bogle as one of the four "Investment Giants" of the twentieth century; in 2004, Time named him one of the world’s 100 most powerful and influential people, and Institutional Investor presented him with its Lifetime Achievement Award.
About John Wiley & Sons, Inc.
Founded in 1807, John Wiley & Sons, Inc., provides must-have content and services to customers worldwide. Its core businesses include scientific, technical, and medical journals, encyclopedias, books, and online products and services; professional and consumer books and subscription services; and educational materials for undergraduate and graduate students and lifelong learners. Wiley has publishing, marketing, and distribution centers in the United States, Canada, Europe, Asia, and Australia. The Company is listed on the New York Stock Exchange under the symbols JWa and JWb. Wiley's Internet site can be accessed at http://www.wiley.com.
About NetLibrary
Based in Boulder, Colorado, NetLibrary (www.netlibrary.org) is a division of Online Computer Library Center, Inc., a worldwide library cooperative. NetLibrary provides content and technical delivery solutions to institutional libraries, corporations and government agencies that facilitate the purchase, management and distribution of research, reference, digital learning, and general interest content via Web-based technologies. NetLibrary's eContent solution is the most broadly adopted in the market, making the content of more than 400 publishers and eContent providers available through more than 14,000 libraries worldwide.
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