Funds Maverick Talks 'Common Sense'

In his new book, John Bogle continues his campaign for low-cost index funds and against high fees that eat into performance

After a long career as founder and chief of mutual fund pioneer Vanguard, John Bogle remains a scourge of the financial-services industry. His latest book, The Little Book of Common Sense Investing (John Wiley & Sons)—which is decorated with endorsements from Warren Buffett and other mavens—sticks to his longtime campaign for investing in broad, low-cost index funds. While it may not be the best investment strategy, it's better than just about all the others, he quips.

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