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Index funds2007

The Little Book of Common Sense Investing

John C. Bogle

Makes the case for low-cost index funds, long holding periods, and avoiding the compounding drag of fees.

Mental models

Model 1

Use this model to diversify broadly.

Model 2

Use this model to keep costs low.

Model 3

Use this model to invest consistently across cycles.

Model 4

Use this model to avoid reacting to short-term noise.