JOHN C. BOGLE is founder and former chairman of the Vanguard Group of mutual funds and President of its Bogle Financial Markets Research Center. After creating Vanguard in 1974, he served as chairman and chief executive officer until 1996 and senior chairman until 2000. Bogle is the author of ten books, including Enough.: True Measures of Money, Business, and Life, The Little Book of Common Sense Investing, and Clash of the Cultures: Investment vs. Speculation, all published by Wiley.

• Caveat Emptor Index xxxviiPart I Building Blocks 1Chapter One The Rewards of Investing 3Chapter Two The Risks of Investing 24Chapter Three Mutual Funds: Principles, Practicalities, Performance 48Part II Mutual Fund Selection 65Chapter Four How To Select A Common Stock Mutual Fund 67Chapter Five How To Select A Bond Mutual Fund 97Chapter Six How To Select A Money Market Fund 120Chapter Seven How To Select A Balanced Mutual Fund 135Chapter Eight Where To Get Mutual Fund Information 147Part III New Perspectives On Three Key Issues 167Chapter Nine Index Funds 169Chapter Ten Mutual Fund Costs 190Chapter Eleven Taxes and Mutual Funds 209Part IV Practical Application of Investment Principles 233Chapter Twelve The Allocation of Investment Assets 235Chapter Thirteen Mutual Fund Model Portfolios 259Chapter Fourteen A Mandate For Fund Shareholders 280Epilogue Twelve Pillars of Wisdom 303Notes 308Index 311

“No investor can be called “intelligent” who doesn’t understand the principles Bogle articulates in this book. The investor may still decide to try his hand at outperforming the market, but he should know what he’s up against.” – Investing.com

JOHN C. BOGLE is founder and former chairman of the Vanguard Group of mutual funds and President of its Bogle Financial Markets Research Center. After creating Vanguard in 1974, he served as chairman and chief executive officer until 1996 and senior chairman until 2000. Bogle is the author of ten books, including Enough.: True Measures of Money, Business, and Life, The Little Book of Common Sense Investing, and Clash of the Cultures: Investment vs. Speculation, all published by Wiley.

• Caveat Emptor Index xxxviiPart I Building Blocks 1Chapter One The Rewards of Investing 3Chapter Two The Risks of Investing 24Chapter Three Mutual Funds: Principles, Practicalities, Performance 48Part II Mutual Fund Selection 65Chapter Four How To Select A Common Stock Mutual Fund 67Chapter Five How To Select A Bond Mutual Fund 97Chapter Six How To Select A Money Market Fund 120Chapter Seven How To Select A Balanced Mutual Fund 135Chapter Eight Where To Get Mutual Fund Information 147Part III New Perspectives On Three Key Issues 167Chapter Nine Index Funds 169Chapter Ten Mutual Fund Costs 190Chapter Eleven Taxes and Mutual Funds 209Part IV Practical Application of Investment Principles 233Chapter Twelve The Allocation of Investment Assets 235Chapter Thirteen Mutual Fund Model Portfolios 259Chapter Fourteen A Mandate For Fund Shareholders 280Epilogue Twelve Pillars of Wisdom 303Notes 308Index 311

“No investor can be called “intelligent” who doesn’t understand the principles Bogle articulates in this book. The investor may still decide to try his hand at outperforming the market, but he should know what he’s up against.” – Investing.com

JOHN C. BOGLE is founder and former chairman of the Vanguard Group of mutual funds and President of its Bogle Financial Markets Research Center. After creating Vanguard in 1974, he served as chairman and chief executive officer until 1996 and senior chairman until 2000. Bogle is the author of ten books, including Enough.: True Measures of Money, Business, and Life, The Little Book of Common Sense Investing, and Clash of the Cultures: Investment vs. Speculation, all published by Wiley.

• Caveat Emptor Index xxxviiPart I Building Blocks 1Chapter One The Rewards of Investing 3Chapter Two The Risks of Investing 24Chapter Three Mutual Funds: Principles, Practicalities, Performance 48Part II Mutual Fund Selection 65Chapter Four How To Select A Common Stock Mutual Fund 67Chapter Five How To Select A Bond Mutual Fund 97Chapter Six How To Select A Money Market Fund 120Chapter Seven How To Select A Balanced Mutual Fund 135Chapter Eight Where To Get Mutual Fund Information 147Part III New Perspectives On Three Key Issues 167Chapter Nine Index Funds 169Chapter Ten Mutual Fund Costs 190Chapter Eleven Taxes and Mutual Funds 209Part IV Practical Application of Investment Principles 233Chapter Twelve The Allocation of Investment Assets 235Chapter Thirteen Mutual Fund Model Portfolios 259Chapter Fourteen A Mandate For Fund Shareholders 280Epilogue Twelve Pillars of Wisdom 303Notes 308Index 311

“No investor can be called “intelligent” who doesn’t understand the principles Bogle articulates in this book. The investor may still decide to try his hand at outperforming the market, but he should know what he’s up against.” – Investing.com