John Bogle on investing : the first 50 years /
Get fifty years of industry-defining expertise in a single volume John Bogle on Investing is a compilation of the best speeches ever delivered by one of the 20th century's towering financial giants. Individually, each of these speeches delivers a powerful lesson in investing; taken together, Bo...
Clasificación: | Libro Electrónico |
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Autor principal: | |
Formato: | Electrónico eBook |
Idioma: | Inglés |
Publicado: |
Hoboken, New Jersey :
Wiley,
2015.
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Temas: | |
Acceso en línea: | Texto completo (Requiere registro previo con correo institucional) |
Tabla de Contenidos:
- Series; Title page; Copyright; Dedication; 2015 INTRODUCTION TO THE CLASSIC EDITION OF JOHN BOGLE ON INVESTING: THE FIRST 50 YEARS; FOREWORD; INTRODUCTION; PREFACE; SOME WORDS OF APPRECIATION; PART I INVESTMENT STRATEGIES FOR THE INTELLIGENT INVESTOR; 1 INVESTING IN THE NEW MILLENNIUM: THE BAGEL AND THE DOUGHNUT; 1. The Bagel and the Doughnut in the Stock Market; 2. The Bagel and the Doughnut in the Mutual Fund Industry; 3. Vanguard in the New Millennium: The Bagel in a Doughnut-Dominated Industry; 2 THE CLASH OF THE CULTURES IN INVESTING: COMPLEXITY VS. SIMPLICITY.
- Successful Fund Managers FailNewsletters Do Even Worse; "All the News That's Fit to Print"; "Manager of the Year"; Bernie Cornfeld's Successors; Life Is Short. Enjoy! But Only Up to 5%; Now ... to the Serious Money Account; Simplicity Works; The Reward Dimension; The Risk Dimension; The Cost Dimension; 3 EQUITY FUND SELECTION: THE NEEDLE OR THE HAYSTACK?; Economics and Emotions; A Needle in a Haystack; Can an Expert Find the Needle?; Why So Many Losing Needles? Costs!; Invest in the Haystack; Follow the Money; What's To Be Done?; Owning the Haystack Today.
- Bogle and Buffett Agree ... But to What Avail?Notes; 4 RISK AND RISK CONTROL IN AN ERA OF CONFIDENCE (OR IS IT GREED?); Four Key Elements of Investing: Reward, Risk, Time, and Cost; Reward: Out of Our Control; Risk in Today's Market; Old Economy, New Economy?; The Ultimate Test: Future Cash Flows; The Buffett Analysis; Controlling Risk; The "Efficient Frontier"; Did He Say "Gold"? or "Alternative Investments"?; A Final Thought; Notes.
- 5 BUY STOCKS? NO WAY! OR IT'S A DANGEROUS GAME ... IT'S A VOTE OF CONFIDENCE THAT THINGS ARE GETTING WORSE ... THE MARKET HAS BECOME A CRAPSHOOT ... THE SMALL INVESTOR HAS BECOME AN ENDANGERED SPECIES ... THE STOCK MARKET IS ONE OF THE SLEAZIEST ENTERPRISES IN THE WORLD. The Great Crash and Its Aftermath; Stock Values vs. Stock Prices; The Hazards of Equity Investing; Investing in Bonds; The Appropriate Balance; Return, Risk-and Cost; The Soaring Costs of Mutual Funds; Index Funds ... and Others; Beware of Some Funds; Summing Up; 6 THE DEATH RATTLE OF INDEXING; Myth One: The S & P 500 as the Benchmark.
- Myth Two: The Past Is Not PrologueMyth Three: Market Timing Will Carry the Day; Myth Four: That Indexing Works Only in Efficient Markets; Myth Five: That Reversion to the Mean Will Finally Triumph; Conclusion; Notes; 7 25 YEARS OF INDEXING: WHEN ACTIVE MANAGERS WIN, WHO LOSES?; A Better Standard?; Too Many Index Funds?; The Newest Fad; Active Managers and Indexes; A Retrospective; Notes; 8 SELECTING EQUITY MUTUAL FUNDS WHY IS IT VIRTUALLY IMPOSSIBLE TO PICK THE WINNER, YET SO EASY TO PICK A WINNER? AND WHAT SHOULD YOU DO ABOUT IT IN THE 1990S?; Why Is It So Difficult to Pick "the" Winners?