Common Sense on Mutual Funds (book)

*Common Sense on Mutual Funds* by John Bogle offers practical, independent insights into investing in mutual funds. It emphasizes low-cost index funds as a sensible way to build wealth over time, arguing that many active funds underperform their benchmarks due to high fees. Bogle advocates for simple, long-term investing strategies, diversification, and avoiding market timing or hype. The book promotes understanding investment costs, maintaining discipline, and focusing on consistent, cost-effective growth rather than chasing quick gains. Overall, it guides readers to make smarter, more informed investment decisions by applying straightforward, sound principles.