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Common Sense On Mutual Funds
''Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor'', written by John Bogle, is a book educating investors about mutual funds, with a focus on the praise of index funds and the importance of having a long-term strategy. On the dust jacket cover, Jim Cramer wrote, "After a lifetime of picking stocks, I have to admit that ( Vanguard Group founder John) Bogle's arguments in favor of the index fund have me thinking of joining him rather than trying to beat him." Since its release, it has received high accolades in the investment community. It has become a bestseller and is considered a "classic". ConsumerAffairs.com rated it on its "15 Business Books That Could Actually Help Make You Rich" list. Though it is aimed at American audiences, the British newspaper ''The Independent'' stated "there is nothing in it that does not apply in some measure to the UK fund industry." See also *Burton Malkiel's ''A Random Walk Down Wall Street ''A Random Walk Down Wa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Bogle
John Clifton "Jack" Bogle (May 8, 1929 – January 16, 2019) was an American investor, business magnate and philanthropist. He was the founder and chief executive of The Vanguard Group and is credited with popularizing the index fund. An avid investor and money manager himself, he preached investment over speculation, long-term patience over short-term action and reducing broker fees as much as possible. An ideal investment vehicle for Bogle was a low-cost index fund representing the entire US market, held over a lifetime with dividends reinvested. His 1999 book '' Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor'' became a bestseller and is considered a classic within the investment community. Early life and education John Bogle was born on May 8, 1929, in Montclair, New Jersey, to William Yates Bogle, Jr. and Josephine Lorraine Hipkins. He was the great grandson of Philander Banister Armstrong, who Bogle referred to as his "spiritual progenitor". Arms ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mutual Funds
A mutual fund is an investment fund that pools money from many investors to purchase securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK. Mutual funds are often classified by their principal investments: money market funds, bond or fixed income funds, stock or equity funds, or hybrid funds. Funds may also be categorized as index funds, which are passively managed funds that track the performance of an index, such as a stock market index or bond market index, or actively managed funds, which seek to outperform stock market indices but generally charge higher fees. The primary structures of mutual funds are open-end funds, closed-end funds, and unit investment trusts. Over long durations, passively managed funds consistently outperform actively managed funds. Open-end funds are ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mutual Fund
A mutual fund is an investment fund that pools money from many investors to purchase Security (finance), securities. The term is typically used in the United States, Canada, and India, while similar structures across the globe include the SICAV in Europe ('investment company with variable capital'), and the open-ended investment company (OEIC) in the UK. Mutual funds are often classified by their principal investments: money market funds, bond fund, bond or fixed income funds, stock fund, stock or equity funds, or hybrid funds. Funds may also be categorized as index funds, which are passively managed funds that track the performance of an index, such as a stock market index or bond market index, or actively managed funds, which seek to outperform stock market indices but generally charge higher fees. The primary structures of mutual funds are open-end funds, closed-end funds, and unit investment trusts. Over long durations, passively managed funds consistently outperform actively m ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Index Fund
An index fund (also index tracker) is a mutual fund or exchange-traded fund (ETF) designed to follow certain preset rules so that it can replicate the performance of a specified basket of underlying investments. The main advantage of index funds for investors is they do not require much time to managethe investors will not need to spend time analyzing various stocks or stock portfolios. Most investors also find it difficult to beat the performance of the S&P 500 index; indeed passively managed funds, such as index funds, consistently outperform actively managed funds. Thus investors, academicians, and authors such as Warren Buffett, John C. Bogle, Jack Brennan, Paul Samuelson, Burton Malkiel, David Swensen, Benjamin Graham, Gene Fama, William J. Bernstein, and Andrew Tobias have long been strong proponents of index funds. * * * * * * * Siegel, J.J. (2019). Climbing Mount Everest: Paul Samuelson on Financial Theory and Practice. In: Cord, R., Anderson, R., Ba ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jim Cramer
James Joseph Cramer (born February 10, 1955) is an American television personality, author, entertainer, and former hedge fund manager. He is the host of ''Mad Money'' on CNBC, and an anchor on ''Squawk on the Street''. After graduating from Harvard College and Harvard Law School, he worked for Goldman Sachs and then became a hedge fund manager, founder, and senior partner of Cramer Berkowitz. He co-founded ''TheStreet'', which he wrote for from 1996 to 2021. Cramer hosted ''Kudlow & Cramer'' from 2002 to 2005. ''Mad Money with Jim Cramer'' first aired on CNBC in 2005. Cramer has written several books, including ''Confessions of a Street Addict'' (2002), ''Jim Cramer's Real Money: Sane Investing in an Insane World'' (2005), ''Jim Cramer's Mad Money: Watch TV, Get Rich'' (2006), and ''Jim Cramer's Get Rich Carefully'' (2013). Early life Cramer was born in 1955 in Wyndmoor, Pennsylvania (a suburb of Philadelphia) to Jewish parents. Cramer's mother, Louise A. Cramer (1928–1985) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Vanguard Group
The Vanguard Group, Inc. is an American registered investment adviser founded on May 1, 1975, and based in Malvern, Pennsylvania, with about $10.4 trillion in global assets under management as of 31 January 2025. It is the largest provider of mutual funds and the second-largest provider of exchange-traded funds (ETFs) in the world after BlackRock's iShares. In addition to mutual funds and ETFs, Vanguard offers brokerage services, educational account services, financial planning, asset management, and trust services. Several mutual funds managed by Vanguard are ranked at the top of the list of US mutual funds by assets under management. Along with BlackRock and State Street, Vanguard is considered to be one of the Big Three index fund managers that play a dominant role in retail investing. Founder and former chairman John C. Bogle is credited with the creation of the first index fund available to individual investors and was a proponent and major enabler of low-cost inves ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
USA Today
''USA Today'' (often stylized in all caps) is an American daily middle-market newspaper and news broadcasting company. Founded by Al Neuharth in 1980 and launched on September 14, 1982, the newspaper operates from Gannett's corporate headquarters in New York City. Its newspaper is printed at 37 sites across the United States and at five additional sites internationally. The paper's dynamic design influenced the style of local, regional, and national newspapers worldwide through its use of concise reports, colorized images, informational graphics, and inclusion of popular culture stories, among other distinct features. As of 2023, ''USA Today'' has the fifth largest print circulation in the United States, with 132,640 print subscribers. It has two million digital subscribers, the fourth-largest online circulation of any U.S. newspaper. ''USA Today'' is distributed in all 50 states, Washington, D.C., and Puerto Rico, and an international edition is distributed in Asia, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NOW On PBS
''Now on PBS'', shown onscreen as ''NOW'', is a Public Broadcasting Service newsmagazine which aired between 2002 and 2010, focusing on social and political issues. History First airing in January 2002, and originally called ''Now with Bill Moyers'', the program was launched as a collaboration between NPR news and Public Broadcasting Service (PBS). The program featured documentary reporting, interviews and commentary on current events. Bill Moyers served initially as sole host of the program while NPR reporters and commentators produced individual segments for the hour long-program. In the autumn of 2003, David Brancaccio was introduced as a co-host. In 2004, Kenneth Tomlinson, the Chairman of the Corporation for Public Broadcasting, paid an outside consultant $14,000 to watch ''NOW with Bill Moyers'' and analyze the politics of the show. The study was not approved by the CPB. After the study became public in 2005, the CPB-funded NPR, among other organizations, criticized th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ConsumerAffairs
ConsumerAffairs is an American customer review and consumer news platform that provides information for purchasing decisions around major life changes or milestones. The company's business-facing division provides SaaS that allows brands to manage and analyze review data to improve their products and customer service. ConsumerAffairs was founded in 1998 by Jim Hood. The company has been headquartered in Tulsa, Oklahoma since 2010 and also has offices in Austin, Texas, the Philippines, and Argentina. History The company was founded in 1998 by Jim Hood, an Associated Press executive, editor and reporter, as an easier way of collecting consumer opinions. In 2010, the company was purchased by Zac Carman as an "opportunity to turn customer complaints into an opportunity for brands." They moved to Tulsa, OK in 2010. In 2015, the company had a $1.1 million renovation of the Petroleum Building in the Oil Capital Historic District. The renovation was to increase their employee base ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Independent
''The Independent'' is a British online newspaper. It was established in 1986 as a national morning printed paper. Nicknamed the ''Indy'', it began as a broadsheet and changed to tabloid format in 2003. The last printed edition was published on Saturday 26 March 2016, leaving only the online edition. The daily edition was named National Newspaper of the Year at the 2004 British Press Awards. ''The Independent'' won the Brand of the Year Award in The Drum Awards for Online Media 2023. History 1980s Launched in 1986, the first issue of ''The Independent'' was published on 7 October in broadsheet format.Dennis Griffiths (ed.) ''The Encyclopedia of the British Press, 1422–1992'', London & Basingstoke: Macmillan, 1992, p. 330. It was produced by Newspaper Publishing plc and created by Andreas Whittam Smith, Stephen Glover and Matthew Symonds. All three partners were former journalists at ''The Daily Telegraph'' who had left the paper towards the end of Lord Hartwell' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Burton Malkiel
Burton Gordon Malkiel (born August 28, 1932) is an American economist, financial executive, and writer most noted for his classic finance book ''A Random Walk Down Wall Street'' (first published 1973, in its 13th edition as of 2023). Malkiel is the Chemical Bank chairman's professor of economics at Princeton University, and is a two-time chairman of the economics department there. He was a member of the Council of Economic Advisers (1975–1977), president of the American Finance Association (1978), and dean of the Yale School of Management (1981–1988). He also spent 28 years as a director of the Vanguard Group. He is Chief Investment Officer of software-based financial advisor, Wealthfront Inc. and as a member of the Investment Advisory Board for Rebalance. Malkiel was elected to the American Philosophical Society in 2001. He is a leading proponent of the efficient-market hypothesis, which contends that prices of publicly traded assets reflect all publicly available info ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
A Random Walk Down Wall Street
''A Random Walk Down Wall Street'', written by Burton Gordon Malkiel, a Princeton University economist, is a book on the subject of stock markets which popularized the random walk hypothesis. Malkiel argues that asset prices typically exhibit signs of a random walk, and thus one cannot consistently outperform market averages. The book is frequently cited by those in favor of the efficient-market hypothesis. After the twelfth edition, over 1.5 million copies had been sold, with the thirteenth edition being released in 2023 to coincide with the fiftieth anniversary of the original release. A practical popularization is ''The Random Walk Guide to Investing: Ten Rules for Financial Success''.Hardback: , Paperback: Investing techniques Malkiel examines some popular investing techniques, including technical analysis and fundamental analysis, in light of academic research studies of these methods. Through detailed analysis, he notes significant flaws in both techniques, conclud ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
