Book of the Week: The Little Book of Common Sense Investing

26 Dec 2016

This week I read The Little Book of Common Sense Investing by John C. Bogle after finding out he has Enough. First thought is that do I still need to read this book if I’m already an index investor. Does he need to speak to the choir? I’ve been a long time convert after reading Unconventional Success. Beating the stock market is a zero-sum game.

Time makes more converts than reason —Tom Paine

People are irrational, but math wins in the end. You just have to survive long enough to see it win.

It’s amazing how difficult it is for a man to understand something if he’s paid a small fortune not to understand it.

People are finance are stupid and they are paid to stay that way.