Over the last few days I have been reviewing a few of the investor books in my book collection. I have always enjoyed reading Common Sense on Mutual Funds, which appeared to make common sense. Bogle made some sensible suggestions, such as starting to invest early, however with everything that has happened to the stock market I am now questioning the common sense of investing, especially in index funds. Many of these have bombed recently, but maybe I am just taking too much of a short-term view.
One book that still seems to make sense, well to me anyway, is The Only Three Questions That Count, with such gems as “Which of my Beliefs are False?”. Well with this in mind, I think that my belief that banks were stable and robust appears to be false. In hindsight this appears to be common sense…
… so why is common sense not very common?
Related posts:
