The seminal work on mutual funds investing is now a Wiley Investment Classic Certain books have redefined the way we view the world of finance and investing—books that should be on every investor’s shelf. Bogle On Mutual Funds—the definitive work on mutual fund investing by one of finance’s great luminaries—is just such a work, and has been added to the catalog of Wiley’s Investment Classic collection. Updated with a new introduction by expert John Bogle, this comprehensive book provides investors with the wisdom of the pioneer of mutual funds to help you identify and execute the ideal mutual fund investment choices for your portfolio. The former Vanguard Chief Executive, Bogle has long been mutual funds' most outspoken critic; in this classic book, he provides guidance on what you should and shouldn't believe when it comes to mutual funds, along with the story of persistence and perseverance that led to this seminal work. You'll learn the differences between common stock, bond, money market, and balanced funds, and why a passively managed "index" fund is a smarter investment than a fund managed by someone making weighted bets on individual securities, sectors, and the economy. Bogle reveals the truth behind the advertising, the mediocre performance, and selfishness, and highlights the common mistakes many investors make. Consider the risks and rewards of investing in mutual funds Learn how to choose between the four basic types of funds Choose the lower-cost, more reliable investment structure See through misleading advertising, and watch out for pitfalls Take a look into this timeless classic and let Bogle On Mutual Funds show you how to invest in mutual funds the right way, with the expert perspective of an industry leader.Table of Content Caveat Emptor Index xxxvii Part I Building Blocks 1 Chapter One The Rewards of Investing 3 Chapter Two The Risks of Investing 24 Chapter Three Mutual Funds: Principles, Practicalities, Performance 48 Part II Mutual Fund Selection 65 Chapter Four How To Select A Common Stock Mutual Fund 67 Chapter Five How To Select A Bond Mutual Fund 97 Chapter Six How To Select A Money Market Fund 120 Chapter Seven How To Select A Balanced Mutual Fund 135 Chapter Eight Where To Get Mutual Fund Information 147 Part III New Perspectives On Three Key Issues 167 Chapter Nine Index Funds 169 Chapter Ten Mutual Fund Costs 190 Chapter Eleven Taxes and Mutual Funds 209 Part IV Practical Application of Investment Principles 233 Chapter Twelve The Allocation of Investment Assets 235 Chapter Thirteen Mutual Fund Model Portfolios 259 Chapter Fourteen A Mandate For Fund Shareholders 280 Epilogue Twelve Pillars of Wisdom 303 Notes 308 Index 311Review Quote “No investor can be called “intelligent” who doesn’t unde