Ratings21
Average rating3.8
Quick and solid read. A lot of these ideas weren't new to me, but I did take a lot of notes throughout. It's clear that Bogle is heavily in favor of index fund investing. I thought A Random Walk Down Wall Street laid out a more evidence-based case for this, but for a quick common-sense read this is a good one. Bogle's discussion of the impact of speculation on the market was very interesting. As a younger investor I see a clear trend towards growth stocks instead of value (dividend-paying) stocks and I think it's yet to be seen whether this will stick around in my lifetime. This discussion made me consider reversion to the mean and whether I should add more dividends to my portfolio.