John C. Bogle shares his extensive insights on investing in mutual funds Since the first edition of Common Sense on Mutual Funds was published in 1999, much has changed, and no one is more aware of this than mutual fund pioneer John Bogle. Now, in this completely updated Second Edition, Bogle returns to take another critical look at the mutual fund industry and help investors navigate their way through the staggering array of investment alternatives that are available to them. . Written in a straightforward and accessible style, this reliable resource examines the fundamentals of mutual fund investing in today's turbulent market environment and offers timeless advice in building an investment portfolio. Along the way, Bogle shows you how simplicity and common sense invariably trump costly complexity, and how a low cost, broadly diversified portfolio is virtually assured of outperforming the vast majority of Wall Street professionals over the long-term. Written by respected mutual fund industry legend John C. Bogle Discusses the timeless fundamentals of investing that apply in any type of market Reflects on the structural and regulatory changes in the mutual fund industry Other titles by Bogle: The Little Book of Common Sense Investing and Enough. Securing your financial future has never seemed more difficult, but you'll be a better investor for having read the Second Edition of Common Sense on Mutual Funds .
......(更多)
约翰•博格
基金业的先驱者,世界第二大基金管理公司先锋集团创始人、博格金融市场研究中心主席,第一只指数型共同基金的建立者。
被《财富》杂志评为“二十世纪四大投资巨人”之一;被《时代周刊》杂志评为“全球最有影响力和感召力100人”之一;被《机构投资者》杂志授予了“终身成就奖”。
他的著作还有《博格长赢投资之道》(Enough),被称为金融危机期间最真知灼见的作品。
[译者简介]
巴曙松
国务院发展研究中心金融研究所副所长,博士生导师。中国银行业协会首席经济学家,享受国务院特殊津贴专家。
先后担任中国银行杭州市分行副行长、中银香港助理总经理、中国证券业协会发展战略委员会主任、中央人民政府驻香港联络办公室经济部副部长等职务,还曾担任中共中央政治局集体学习主讲专家。
主要著作有《巴塞尔新资本协议研究》《2011年中国资产管理行业发展报告》《中国金融大未来》等,主要译著有《美国货币史》《大而不倒》《金融之王:毁了世界的银行家》《资本之王:全球私募之王黑石集团成长史》《末日博士鲁比尼的金融预言:危机经济学》等。
......(更多)
......(更多)
当时间窗口从1年增至25年后,投机的短期影响力消退了,而投资回报率开始更紧密地、即便不是精确地遵从投资的基本面因素:股息率和盈利增长率,这两个要素共同构成了股票回报率的驱动力。
......(更多)