The book offers detailed eplanations of why your mutual fund may not be as hot as it seems and what you really do get in return for those fees (maybe not even breaking even). It's a quick read and tremendously informative as well as no nonsense. I think it takes the "Random Walk Down Wall Street" one step further by going through sensible strategies which will save investors grief and time while improving returns and lowering risk. One of my favorite investing books.
Excellent overview of indexing
Rating: 4/5
This book provides a solid introduction to index funds. With the world of index funds changing rapidly, it's hard to know how to choose funds or where they fit into an overall investment strategy. This book offers the basics in easy to understand language as well as more advanced strategies for more sophisticated investors.