The Little Book of Common Sense Investing

Bogle invented the index fund. Then he started a company that gave it away at cost. Then he wrote this book to explain why every other approach is, statistically, a worse deal. Jim respects the move. The math here is unsparing: fees compound just like returns, but in the wrong direction. A 2% expense ratio over 40 years eats half your final balance. Bogle explains why with the patience of a kindly grandfather who has watched the same financial-services con run for half a century. Five worms — the shortest path to "I understand investing now."