“Hint: money flows into most funds after good performance, and goes out when bad performance follows.”
Quote by John C. Bogle
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The John C. Bogle Reader
This book offers insights into the investment philosophy and strategies of John C. Bogle, focusing on topics such as index funds, investment management, and the financial industry. more
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“Surprise! The returns reported by mutual funds aren't actually earned by mutual fund investors.”
Source: The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns
