John Bogle, formerly the head of
Bogle is a household name in the mutual fund industry. He fathered the first index fund, the Vanguard 500, and has been sharply critical of high fund fees.
The book is due out in January from
According to the authors, if you purchase simple funds and continue to invest in them regularly, returns will be high. They urge investors to take a close look at fund fees and taxes, going into depth on how to spot hidden fees and how to compare them. They also recommend diversification.