签名本
Bogle on Mutual Funds: New Perspectives for the Intelligent Investor
约翰·C·博格从长期投资者的角度考察共同基金。全书涉及投资风险、资产配置、基金选择、成本、税收，以及基金面向公众宣传时使用的各种说法；同时讨论股票基金、债券基金、货币市场基金、平衡型基金和指数基金，并关注这些类别可能在投资组合中承担的不同作用。书中核心关切，是帮助投资者在明确认识风险与费用的基础上评估基金、构建投资组合。
博格的贡献，在于把这些实际问题同对共同基金行业的坦率审视联系起来。本书阐释了一种以投资者为中心、重视低成本的理念，而不是把基金选择写成追逐动人宣传或惊人业绩的过程。博格是先锋集团的创始人，本书以直接而务实的方式呈现了与其工作相关的思想。
本书的意义，在于持续讨论成本、税收、风险与长期结果之间的关系。它的价值既有指导性，也有分析性：它要求读者越过表面呈现，考察投资产品的结构。从这个意义上说，本书为理解和比较共同基金提供了一套清晰的思考框架。
收藏者或许会重视这部作品，因为它集中记录了博格的投资理念，也是面向理性、自主读者的金融写作范例。它的文学趣味来自文字的直接与论证的清晰；其艺术性则体现在把复杂行业整理为易于理解的一组原则。对于关注现代金融文化中重要观念的藏家而言，它的价值不只在于市场技巧本身。
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Bogle on Mutual Funds: New Perspectives for the Intelligent Investor by John C. Bogle, founder of The Vanguard Group. This influential investment guide gives Bogle's candid assessment of the mutual-fund industry and explains the principles behind building and evaluating a long-term fund portfolio.
Bogle discusses investment risk, asset allocation, fund selection, costs, taxes, advertising claims, and the roles of stock, bond, money-market, balanced, and index funds. First published near the beginning of his career as an author, the book became an enduring statement of the low-cost, investor-focused philosophy closely associated with Bogle and Vanguard.
This is the 1994 Richard D. Irwin hardcover first edition and first printing, identified by the complete number line on the copyright page. It is personally inscribed to Jeffrey Citron, signed by John C. Bogle, and dated May 2, 1998. Portions of the handwritten inscription are difficult to decipher, so only the clearly readable recipient, signature, and date are represented here.
Very Good overall, as stated by the seller, with light visible rubbing and minor edge and corner wear to the dust jacket. The jacket is now protected in a removable clear plastic cover. The photographed representative interior spread is clean and legible without visible highlighting, underlining, stains, tears, or annotations. The book will be carefully protected for packaging.
