More Straight Talk on Investing: Lessons for a Lif etime

Jack Brennan, Chairman and CEO of Vanguard, shares his lessons learned over four decades at Vanguard in More Straight Talk on Investing. The book provides a comprehensive guide to investing for everyday investors, helping them develop the knowledge, confidence, and discipline to navigate the financial markets and attain investment success over the long term. It emphasizes the concept of thinking of yourself as a "financial entrepreneur" and covers topics such as building a balanced, diversified portfolio, evaluating mutual funds and ETFs, adhering to a long-term, disciplined approach, controlling emotions, understanding the risks and rewards of financial markets, and developing a prudent plan and investment policy statement. Brennan also adds three new chapters focusing on evaluating advice options, garnering lessons from endowments, and dealing with the challenges of a low interest rate environment.

Format: Paperback / softback
Length: 336 pages
Publication date: 27 April 2023
Publisher: John Wiley & Sons Inc

The 21st century has witnessed three significant financial market shocks in its first two decades, including the bursting of the Tech Bubble in 2000-2002, the Global Financial Crisis of 2008-09, and the 2020 COVID-19 crash. These events have made investing a daunting task for individual investors. As Chairman and CEO of Vanguard, one of the world's largest and most respected investment management companies, Jack Brennan has dedicated his career to helping people invest their money. In his recently updated book, More Straight Talk on Investing, Brennan shares valuable insights he has gained over his four decades at Vanguard from a diverse range of market participants, including Main Street investors, 401(k) plan holders, veteran portfolio managers, and sophisticated investment professionals overseeing top endowments and foundations.

This comprehensive yet accessible book aims to empower readers with the knowledge, confidence, and discipline needed to navigate the financial markets and achieve long-term investment success. While the financial planning and investing principles covered are timeless, a considerable amount has changed in the nearly 20 years since the first edition, including the introduction of new products and services, reduced costs, and evolving regulation and legislation. An entire generation of investors has come of age in the past two decades, and understanding the importance of sound and sensible investing is crucial for achieving financial security.

This book will assist readers in managing their "serious" money, which is set aside for long-term goals such as retirement or the education of children. It will also provide valuable insights on how to allocate investments, manage risk, and make informed decisions that align with one's financial goals. By following the advice and strategies outlined in this book, readers can build a solid foundation for financial success and achieve their long-term aspirations.

Weight: 385g
Dimension: 223 x 152 x 20 (mm)
ISBN-13: 9781394184057