The Elements of Investing
by Burton G. Malkiel and Charles D. Ellis
Two giants of index investing in a book the length of Strunk and White: save, index, diversify, avoid blunders, keep it simple. It can be read in an hour and contains everything most people need.
Read it if…
you want the shortest complete guide to sensible investing.
Skip it if…
you want detail; this is deliberately minimal.
Three things you will actually use
- Save early and automatically.
- Index; costs are the enemy.
- Rebalance and ignore the noise.
Do this first
Read it in one sitting and give a copy to someone younger.
Our verdict
Shortest complete guide.
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