Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

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stemikger
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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by stemikger » Wed Jul 04, 2018 4:01 pm

I'm going to buy the hardcover now on Amazon. Looking forward to reading it and then will pass it on to my daughter.

Way to go Taylor!!!!
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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by Big Dog » Wed Jul 04, 2018 4:17 pm

Good News! Every purchase is an indirect donation to The John C. Bogle Center for Financial Literacy.
I double down by purchasing from smile.amazon with their donation going to the Bogle Center.

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Re: Amazon Customer Reviews and The Bogleheads' Guide to The Three-Fund Portfolio

Post by Starchild » Thu Jul 05, 2018 8:20 am

stemikger wrote:
Wed Jul 04, 2018 3:58 pm
Starchild wrote:
Sun Jun 24, 2018 7:53 pm
You’re a good guy Taylor.
I see you are a Paul Stanley fan. I love Kiss!! Met Paul several times and he was always a great guy. My best guesstimate is since I was 17 I have seen Kiss probably about 50 times. I'm 54 now. My dream is to go on a Kiss cruise before they call it quits after the 2019 3 year world wide tour.
Very off topic, but awesome! Hardcore! Yes, big Kiss fan here \m/ I enjoy reading financial/Boglehead info while jamming Love Gun :sharebeer

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by b42 » Thu Jul 05, 2018 8:30 am

I pre-ordered the book and got it on release. A quick read, but very informative. I think this will be great for those new investors who want to read a book before investing, but don't want to invest the time in a 600 page monster.

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by Index Fan » Sat Jul 07, 2018 8:15 am

For those with Kindle readers who haven't picked it up yet, Taylor's The Bogleheads' Guide to the Three-Fund Portfolio is now $9.99 at Amazon- what are you waiting for? :)

https://www.amazon.com/Bogleheads-Guide ... 8&qid=&sr=
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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by CollegePrudens » Sat Jul 07, 2018 11:21 pm

Index Fan wrote:
Sat Jul 07, 2018 8:15 am
For those with Kindle readers who haven't picked it up yet, Taylor's The Bogleheads' Guide to the Three-Fund Portfolio is now $9.99 at Amazon- what are you waiting for? :)

https://www.amazon.com/Bogleheads-Guide ... 8&qid=&sr=
Thank you. Just bought it to share with a spouse and an acquaintance that I help with investments.
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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by stemikger » Mon Jul 09, 2018 11:05 am

I just finished reading Taylor's new book and all I can say is, it is one of the best out there. I also wrote a review on Amazon and it is worthy of every one of those 5 stars!!
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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by bh7785 » Mon Jul 09, 2018 12:22 pm

I perused the thread but am not seeing the answer to my question: How is this book different than Taylor's first book?

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by b42 » Mon Jul 09, 2018 12:47 pm

bh7785 wrote:
Mon Jul 09, 2018 12:22 pm
I perused the thread but am not seeing the answer to my question: How is this book different than Taylor's first book?
I would say his first book covers more topics (Do I need an advisor, saving for college, etc.), while his most recent book focuses on one topic, the Three Fund Portfolio.

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by Taylor Larimore » Mon Jul 09, 2018 9:18 pm

stemikger wrote:
Mon Jul 09, 2018 11:05 am
I just finished reading Taylor's new book and all I can say is, it is one of the best out there. I also wrote a review on Amazon and it is worthy of every one of those 5 stars!!
stemikger:

Your review on Amazon is much appreciated! It is certain to increase the sales of the book.

Every sale results in a donation to The John C. Bogle Center for Financial Literacy which helps support this forum and much more.

Thank you and best wishes.
Taylor
"Simplicity is the master key to financial success." -- Jack Bogle

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by Howard Donnelly » Mon Jul 09, 2018 10:02 pm

Here is a new review of Taylor's book:

"John Wiley & Sons : The Bogleheads' Guide to the Three-Fund Portfolio"
http://www.4-traders.com/news/John-Wile ... -26897824/

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by wootwoot » Mon Jul 09, 2018 10:34 pm

Index Fan wrote:
Sat Jul 07, 2018 8:15 am
For those with Kindle readers who haven't picked it up yet, Taylor's The Bogleheads' Guide to the Three-Fund Portfolio is now $9.99 at Amazon- what are you waiting for? :)

https://www.amazon.com/Bogleheads-Guide ... 8&qid=&sr=
I'm saving the money and investing it instead. Keeping my expenses low and investments high, the boglehead way. :sharebeer

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"The Wisdom of Elders:

Post by Taylor Larimore » Tue Jul 10, 2018 9:07 pm

Bogleheads:

I am very pleased to read this nice article written by Steve at the Evergreen Small Business Website:

The Wisdom of Elders: Bogleheads Three-Fund Portfolio

Thank you, Steve!

Taylor
"Simplicity is the master key to financial success." -- Jack Bogle

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by KESP » Wed Jul 11, 2018 11:16 am

As I mentioned in my Amazon review, this book is a perfect length to give as a gift to people who just need to get to the nitty gritty of investing. My almost retired friends and my young adult children might feel overwhelmed with the more extensive Bogleheads Guide to Investing. People I talk to seem to be petrified of tackling their investment decisions. I feel like this book is simple to understand, gives a compelling argument for why the three-fund portfolio works, and tells you how to implement it. Just lent it to a recently retired friend. Sorry, should have made him buy it! :wink:

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by Taylor Larimore » Wed Jul 11, 2018 8:21 pm

Bogleheads:

Nice article by Mike Piper, editor of The Oblivious Investor
Taylor Larimore — nonagenarian, World War II vet, and co-author of the Bogleheads’ Guide books — recently released a new book: The Bogleheads’ Guide to the Three-Fund Portfolio.

The “three-fund portfolio” (subject of a long-running discussion thread on the Bogleheads forum) is made up of three index funds: a total US stock market index fund, a total international stock index fund, and a total bond market index fund. With just three holdings, it manages to be far simpler than most people’s portfolios, while also being extremely diversified (including thousands of stocks from around the world, as well as thousands of bonds).

Larimore’s new book is very brief — in the spirit of Bill Bernstein’s If You Can. For those who are already well versed in the Bogleheads literature (e.g., having already read the original Bogleheads Guide to Investing, and other books by Bernstein, Roth, Ferri, etc.) the book will be unlikely to provide new information, but it will likely be an enjoyable read nonetheless, as it was for me. (I always enjoy reading about Taylor’s lessons accumulated via many years of experience.)

I think where the book will really shine is as a gift for new investors. Because of the book’s brevity (easy to read in an afternoon), it is more likely to actually be read than the typical book about investing. And because of the book’s singular focus, it will be easy for new investors to internalize the message.
Thank you, Mike!

Best wishes
Taylor
"Simplicity is the master key to financial success." -- Jack Bogle

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by car733 » Wed Jul 11, 2018 9:29 pm

KESP wrote:
Wed Jul 11, 2018 11:16 am
As I mentioned in my Amazon review, this book is a perfect length to give as a gift to people who just need to get to the nitty gritty of investing.
+1
It's a great gift!

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by Kevin K » Thu Jul 12, 2018 11:07 am

Like so many others here I'm extremely grateful for Taylor's enormous contributions to both this board and to previous Bogleheads books. I bought this new offering and while I concur that it's an ideal gift for new investors I found myself feeling like my purchase was basically just a donation to a very worthy charity - which of course isn't a bad thing!

I expected "brief" after reading the comments here, but still expected some discussion of the logic behind the funds chosen and alternative choices. There are, for example, strong arguments to be made for Vanguard Intermediate Treasury instead of Total Bond, and as for the always-contentious topic of what percentage to allocate to international one might have thought that Vanguard's own very well-researched recommendation (as implemented in their funds) of up to 40% would have been at least worthy of mention.

These are of course minor quibbles and I have no doubt that this book will be of tremendous benefit to innumerable readers.

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"A Review Of The Bogleheads’ Guide To The Three-Fund Portfolio"

Post by Taylor Larimore » Fri Jul 13, 2018 2:15 pm

Bogleheads:

I was pleased to read a nice review from "The Wall Street Physician" with this Conclusion:
This book is perfect for the busy professional or novice investor who wants to get started with do-it-yourself investing using the three-fund portfolio. Experienced investors or regular Bogleheads readers who are already well-versed in the benefits of index fund investing and the simplicity of the three-fund portfolio will likely already be familiar with most of the content in this book. However, it may convince even experienced investors to simplify their more complicated index-fund portfolio to a three-fund portfolio.
A Review Of The Bogleheads' Guide to The Three-Fund Portfolio

Thank you "Wall Street Physician."

Best wishes.
Taylor
"Simplicity is the master key to financial success." -- Jack Bogle

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Review by "Four Pillar Freedom"

Post by Taylor Larimore » Sat Jul 14, 2018 10:58 pm

Bogleheads:

Zach, editor of "Four Pillar Freedom," sent me a copy of his latest newsletter in which he did a review of The Bogleheads' Guide to the Three-Fund Portfolio. I appreciate the review. This is his ending:
I highly recommend checking out the book yourself. It’s only about 60 pages and packed with nuggets of wisdom.
Thank you, Zach, for your professional review. Every purchase results in a contribution to The Bogle Center For Financial Literacy.

Best wishes.

Taylor
"Simplicity is the master key to financial success." -- Jack Bogle

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New York Times book review

Post by Taylor Larimore » Sat Jul 14, 2018 11:36 pm

Bogleheads:

New York Times Book Review

Best wishes.
Taylor
"Simplicity is the master key to financial success." -- Jack Bogle

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by A440 » Sun Jul 15, 2018 6:17 am

I am enjoying the book. I wish I knew about this back in my 20's!
I supposed that's how one builds wisdom.
Thank you Taylor!

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Re: Review by "Four Pillar Freedom"

Post by GoldStar » Sun Jul 15, 2018 6:20 am

Taylor Larimore wrote:
Sat Jul 14, 2018 10:58 pm
Bogleheads:

Zach, editor of "Four Pillar Freedom," sent me a copy of his latest newsletter in which he did a review of The Bogleheads' Guide to the Three-Fund Portfolio. I appreciate the review. This is his ending:
I highly recommend checking out the book yourself. It’s only about 60 pages and packed with nuggets of wisdom.
Thank you, Zach, for your professional review. Every purchase results in a contribution to The Bogle Center For Financial Literacy.

Best wishes.

Taylor
Zach states 60 pages but the NYT's article and Amazon have the book as 112 pages. 52 pages of reference material or is Zach wrong or ?
In any case - will order a copy!

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New York Times review of "The Lazy Person’s Guide to Successful Investing"

Post by MFInvestor » Sun Jul 15, 2018 10:39 am

"The Lazy Person’s Guide to Successful Investing"


New York Times review 7/15/2018

https://www.nytimes.com/2018/07/13/busi ... sting.html

It really is a shame that Taylor Larimore chooses to use the word “Boglehead” in the title of his compelling new book: “The Bogleheads’ Guide to the Three-Fund Portfolio” (Wiley, $24.95.)

There is nothing really wrong with the word. It refers to people who follow the investment principles of John C. Bogle, the founder of Vanguard, the huge mutual fund company known for offering index funds.

Mr. Bogle passionately believes in paying the absolute minimum when buying and selling stocks, bonds and exchange-traded funds, investing for the long haul — to minimize both trading costs and capital gains — and diversifying your holdings.

So what’s my problem with the word Boglehead? The word, coupled with Mr. Bogle’s introduction to the book and the fact that three funds Mr. Larimore uses as his primary example come from Vanguard, can lead people to think they can only create a three-fund portfolio using Vanguard funds.

And you could, for example, execute his three-fund plan using Fidelity’s Total Market Index Fund, Global ex U.S. Fund and U.S. Bond Index Fund. And as Mr. Larimore writes, you should consider the offerings of “any other company offering total market index funds with low expense ratios.”

It’s accessible and his tone is friendly. And if it prompts people to create a diversified portfolio that keeps fees and taxes to a minimum and gets them to invest for the long haul, he will have performed a great service.

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by LadyGeek » Sun Jul 15, 2018 12:28 pm

^^^ I merged MFInvestor's post into the on-going discussion.
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Re: New York Times review of "The Lazy Person’s Guide to Successful Investing"

Post by bsteiner » Sun Jul 15, 2018 12:46 pm

MFInvestor wrote:
Sun Jul 15, 2018 10:39 am
"The Lazy Person’s Guide to Successful Investing"

New York Times review 7/15/2018

https://www.nytimes.com/2018/07/13/busi ... sting.html
...
Not only is there a half page review of "The Bogleheads' Guide to the Three-Fund Portfolio," but the review also cites Allan Roth's "How a Second Grader Beats Wall Street."

There's also a discussion about how to allocate the bonds. The reviewer says that the 3-fund portfolio includes no corporate bonds or government bonds from countries outside the United States, and asks whether, if you're going to have international stocks, shouldn't you also have foreign bonds. (Vanguard's website says that the Total Bond Fund is mostly government, but has some corporate and foreign bonds.) Then, in the same section, Carla Fried's article "How Owning Qualify Corporate Bonds Got Riskier," https://www.nytimes.com/2018/07/13/busi ... bonds.html, quotes Jared Kizer of Buckingham Strategic Wealth (Larry Swedroe's firm) as saying that as a result of downgrades, corporate bonds don't outperform government bonds by a larger margin, and that "the high-grade corporate bond market doesn't seem to be a necessary part of a diversified portfolio."

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by JoeRetire » Sun Jul 15, 2018 6:27 pm

gasdoc wrote:
Fri Jun 22, 2018 11:22 am
The Bogleheads should leave reviews after reading the book. Currently there is only one review on Amazon, and it was not a great rating because the reviewer felt the book was too short. That is the beauty of the Three-Fund Portfolio- its simplicity!
I agree, the book was very, very short. And even repetitive at that!

The concepts are short and simple. But repeating the point enough times and adding a bunch of quotes from people attesting to the three-fund philosophy in order to barely fluff it out to book length seems like a waste. There is absolutely nothing in the book that you couldn't read here for free.

If you just want to own a book with Bogleheads in the title for some reason, maybe it makes sense.
For me, I'm glad I borrowed the ebook from the library and didn't have to pay for it.

Sorry.

(And be careful when leaving reviews on Amazon. Fakespot.com give the current reviews a grade of F: "Tread lightly, this product may contain a major number of unreliable or low quality reviews!" Gushing reviews using copied/pasted text can do that.)

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NY Times reviews Taylor's Guide to the Three Fund Portfolio

Post by S&L1940 » Mon Jul 16, 2018 12:48 am

[Thread merged into here, see below. --admin LadyGeek]

Not sure if someone already posted this from Time's Sunday Mutual Fund section

https://www.nytimes.com/2018/07/13/busi ... ctionfront
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Re: NY Times reviews Taylor's Guide to the Three Fund Portfolio

Post by Cruise » Mon Jul 16, 2018 2:25 am

Thanks for posting. Nice review.

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by ReformedSpender » Mon Jul 16, 2018 1:30 pm

FYI, for those who haven't bought yet, Amazon is running a promo today and tomorrow. Use promo code PRIMEBOOKS18 to save $5.00 off $20.00 or more book orders

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Re: NY Times reviews Taylor's Guide to the Three Fund Portfolio

Post by TomP10 » Mon Jul 16, 2018 3:21 pm

I disagree with a one of the reviewer's comments.
I could have done without the constant praise from his fellow Bogleheads — who are known only by their initials in the book — for the three-fund idea. It’s a good idea. Fine. No need to keep saying so.
I think he is dead wrong. A big challenge with the three-fund portfolio is that it seems too simple to be a good approach. "Simple but sophisticated" is a tough idea for people to wrap their minds around. Quoting others helps reassure readers that just three total market funds can work in a deeply efficient way.
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Re: NY Times reviews Taylor's Guide to the Three Fund Portfolio

Post by JoeRetire » Mon Jul 16, 2018 3:30 pm

TomP10 wrote:
Mon Jul 16, 2018 3:21 pm
I disagree with a one of the reviewer's comments.
I could have done without the constant praise from his fellow Bogleheads — who are known only by their initials in the book — for the three-fund idea. It’s a good idea. Fine. No need to keep saying so.
I think he is dead wrong. A big challenge with the three-fund portfolio is that it seems too simple to be a good approach. "Simple but sophisticated" is a tough idea for people to wrap their minds around. Quoting others helps reassure readers that just three total market funds can work in a deeply efficient way.
Did you read the book? Far too many paragraphs wasted with "Bogleheads speak out" quotes. And in addition, an Appendix with quotes from "experts". It got silly after a while. There's no way that kind of repetition provided any sort of reassurance.

I think the "three fund" concept might have merit. But the book, not so much. Having read other Boglehead books, this one was rather disappointing.

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Re: NY Times reviews Taylor's Guide to the Three Fund Portfolio

Post by S&L1940 » Mon Jul 16, 2018 3:58 pm

OP here
I did not read the book yet wonder how many pages (I think the book is something like 140pp) you can fill even with charts and extensive explanations and variations to demo the effectiveness of the three fund portfolio?
More than ten years ago Taylor and other BHs guided us as we cleaned up the mess that two "friends" at name financial institutions got us into as they feathered their nests. Tweaked it a bit over the years and today we are really at a five fund portfolio.
Guessing bogleheads are not the target for this book and some fluff may help the newbies get involved...
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Re: NY Times reviews Taylor's Guide to the Three Fund Portfolio

Post by pkcrafter » Mon Jul 16, 2018 4:27 pm

JoeRetire wrote:
Mon Jul 16, 2018 3:30 pm
TomP10 wrote:
Mon Jul 16, 2018 3:21 pm
I disagree with a one of the reviewer's comments.
I could have done without the constant praise from his fellow Bogleheads — who are known only by their initials in the book — for the three-fund idea. It’s a good idea. Fine. No need to keep saying so.
I think he is dead wrong. A big challenge with the three-fund portfolio is that it seems too simple to be a good approach. "Simple but sophisticated" is a tough idea for people to wrap their minds around. Quoting others helps reassure readers that just three total market funds can work in a deeply efficient way.
Did you read the book? Far too many paragraphs wasted with "Bogleheads speak out" quotes. And in addition, an Appendix with quotes from "experts". It got silly after a while. There's no way that kind of repetition provided any sort of reassurance.

I think the "three fund" concept might have merit. But the book, not so much. Having read other Boglehead books, this one was rather disappointing.
:annoyed.... :evil:

Taylor's book does exactly what it sets out to do--introduce new investors to an investing strategy that they can follow. The strategy is backed up with strong evidence. The book is clear, easy to read and comprehend. :thumbsup


Paul
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Re: NY Times reviews Taylor's Guide to the Three Fund Portfolio

Post by JoeRetire » Mon Jul 16, 2018 4:39 pm

S&L1940 wrote:
Mon Jul 16, 2018 3:58 pm
I did not read the book yet wonder how many pages (I think the book is something like 140pp) you can fill even with charts and extensive explanations and variations to demo the effectiveness of the three fund portfolio?
The book has 112 pages.

Chapter 1: The Investment Industry starts on page 1
As happens in each chapter, it includes more than a half page of "Bogleheads Speak Out" quotes. It also includes a full page dedicated to sort of an ad for Bernstein's "What if" pamphlet.
Chapter 2: John C. Bogle - The Investor's Best Friend starts on page 5
Chapter 3: John Bogle Introduces Three Total Market Index Funds starts on page 9
Chapter 4: Twenty Benefits of Total Market Index Funds starts on page 13
Chapter 5: Getting Started starts on page 49
Chapter 6: Stay The Course starts on page 59
Appendix I: What Experts Say starts on page 63
Appendix II: Meet the Bogleheads starts on page 69
Glossary of Financial Terms starts on page 75
the Index starts on page 79

That's it. There's really very little there about the 3-Fund Portfolio. Chapter 4 and 5 are pretty much the meat of the book. 46 pages including the fluff. Disappointing.
Guessing bogleheads are not the target for this book and some fluff may help the newbies get involved...
Certainly there's nothing here that Bogleheads don't already know. Anything in the book can already be found at Bogleheads.org. Newbies would be far better served to read here at this forum than read the book.

I wanted to like it. I wanted to learn something by reading it. Oh well.

Isn't it possible to love and appreciate Taylor, but not like the book?
Last edited by JoeRetire on Mon Jul 16, 2018 5:13 pm, edited 3 times in total.

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by LadyGeek » Mon Jul 16, 2018 4:44 pm

I merged S&L1940's thread into the on-going discussion.
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Re: NY Times reviews Taylor's Guide to the Three Fund Portfolio

Post by JoeRetire » Mon Jul 16, 2018 4:48 pm

pkcrafter wrote:
Mon Jul 16, 2018 4:27 pm
The book is clear, easy to read and comprehend.
It is very easy to read and comprehend.

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Re: NY Times reviews Taylor's Guide to the Three Fund Portfolio

Post by S&L1940 » Mon Jul 16, 2018 5:07 pm

JoeRetire wrote:
Mon Jul 16, 2018 4:39 pm
S&L1940 wrote:
Mon Jul 16, 2018 3:58 pm
I did not read the book yet wonder how many pages (I think the book is something like 140pp) you can fill even with charts and extensive explanations and variations to demo the effectiveness of the three fund portfolio?
How can you call the NY Times review "dead wrong" when you haven't even read the book yet?

The book has 112 pages.

Chapter 1: The Investment Industry starts on page 1
As happens in each chapter, it includes more than a half page of "Bogleheads Speak Out" quotes. It also includes a full page dedicated to sort of an ad for Bernstein's "What if" pamphlet.
Chapter 2: John C. Bogle - The Investor's Best Friend starts on page 5
Chapter 3: John Bogle Introduces Three Total Market Index Funds starts on page 9
Chapter 4: Twenty Benefits of Total Market Index Funds starts on page 13
Chapter 5: Getting Started starts on page 49
Chapter 6: Stay The Course starts on page 59
Appendix I: What Experts Say starts on page 63
Appendix II: Meet the Bogleheads starts on page 69
Glossary of Financial Terms starts on page 75
the Index starts on page 79

That's it. There's really very little there about the 3-Fund Portfolio. Chapter 4 and 5 are pretty much the meat of the book. 46 pages including the fluff. Disappointing.
Guessing bogleheads are not the target for this book and some fluff may help the newbies get involved...
Certainly there's nothing here that Bogleheads don't already know. Anything in the book can already be found at Bogleheads.org. Newbies would be far better served to read here at this forum than read the book.

I wanted to like it. I wanted to learn something by reading it. Oh well.

Isn't it possible to love and appreciate Taylor, but not like the book?
You got the wrong guy, "dead wrong" was TomP10. I said "Guessing bogleheads are not the target for this book and some fluff may help the newbies get involved..." not a glowing comment but not "dead wrong"
either, I accept your apology, no offense taken!
Don't it always seem to go * That you don't know what you've got * Till it's gone

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Re: NY Times reviews Taylor's Guide to the Three Fund Portfolio

Post by JoeRetire » Mon Jul 16, 2018 5:14 pm

S&L1940 wrote:
Mon Jul 16, 2018 5:07 pm
You got the wrong guy, "dead wrong" was TomP10. I said "Guessing bogleheads are not the target for this book and some fluff may help the newbies get involved..." not a glowing comment but not "dead wrong"
either, I accept your apology, no offense taken!
Yup, sorry. I "merged" the comments incorrectly. I do apologize.
I went back and edited my response.

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Re: NY Times reviews Taylor's Guide to the Three Fund Portfolio

Post by Rowan Oak » Tue Jul 17, 2018 6:52 pm

pkcrafter wrote:
Mon Jul 16, 2018 4:27 pm

Taylor's book does exactly what it sets out to do--introduce new investors to an investing strategy that they can follow. The strategy is backed up with strong evidence. The book is clear, easy to read and comprehend. :thumbsup

Paul
I agree.

If I could go back in time 20 years and give myself two books about investing this would be one of them. The other: Jack Bogle's Little Book of Common Sense Investing.
“If you can get good at destroying your own wrong ideas, that is a great gift.” – Charlie Munger

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by woldemariam » Tue Jul 17, 2018 8:54 pm

Thank you. Purchased a copy from Google Play.

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by Starchild » Tue Jul 17, 2018 10:19 pm

Here's a kick in the pants. Apparently, by copy was shipping on June 30 from Amazon, but never received it. It claims "Your package may be lost." :x

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by RadAudit » Wed Jul 18, 2018 9:43 am

I had forgotten the portfolio efficiency benefit (risk/return ratio) of the three fund portfolio. Thanks for mentioning Norstad's proof. I'll have to look at it again.

And I also like the included reference to Sharpe's paper (Arithmetic of Active Management). I have a copy of that. One of my favorites.

PS: Just looked at Norstad. Now I remember why it doesn't come readily to mind.
FI is the best revenge. LBYM. Invest the rest. Stay the course. - PS: The Calvary isn't coming, kids. You are on your own.

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by abuss368 » Fri Jul 20, 2018 5:59 pm

stemikger wrote:
Mon Jul 09, 2018 11:05 am
I just finished reading Taylor's new book and all I can say is, it is one of the best out there. I also wrote a review on Amazon and it is worthy of every one of those 5 stars!!
Hi stemikger -

Taylor's theme hits home over and over again: Keep investing simple!
John C. Bogle: "You simply do not need to put your money into 8 different mutual funds!" | | Disclosure: Three Fund Portfolio + U.S. & International REITs

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Taylor Larimore
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Book Review: The Bogleheads' Guide to The Three-Fund Portfolio

Post by Taylor Larimore » Wed Jul 25, 2018 2:53 pm

Bogleheads:

The editor of The Bogleheads Blog, Barry Barnitz, has posted this review of our latest Bogleheads' book:

Review: "The Bogleheads' Guide to The Three-Fund Portfolio."

Thank you, Barry.

Best wishes.
Taylor
"Simplicity is the master key to financial success." -- Jack Bogle

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by buxton.bogle » Wed Jul 25, 2018 8:40 pm

Borrowed a copy from my public library. Quick, informative read. Thanks!

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Taylor Larimore
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Free Audio Book

Post by Taylor Larimore » Thu Jul 26, 2018 6:17 pm

Bogleheads:

I received this e-mail from my publisher:
Dear Taylor,

This is an alert that your audiobook, The Bogleheads' Guide to the Three-Fund Portfolio, is now available at Audible.com.

Here is the link to your audiobook:

http://www.audible.com/pd?asin=B07DVLFV ... 0726189O6K

Your narrator is:

Noah Michael Levine

Below, I have provided you with ten promo codes that can be redeemed for complimentary copies of your audiobook; use one for yourself, use one for reviewers, raffle one off on your blog or social media channels, or give a few to others who’ll help spread the word about your new audiobook. Here are the codes:

1 393S7P7NRRHUQ
2 Z5FDUSRH9EWEL
3 RFUGN4BHAMZKB
4 ZUEP8PHUXU4Q2
5 XBFFAWA8GLPHS
6 QRU36RESR2MK4
7 LQQC7BFBWQNWM
8 KJ3E5E6NU6YMZ
9 94EKRW8FYAC54
10 TNPQQ7GL8K6T4

Listeners will need to be registered on Audible/Amazon to redeem a code- if they aren’t, they’ll be prompted to register prior to redemption- but they will not be required to enroll into a membership. Every time you distribute a promo code, please pass along the steps below to help your listener redeem the code.

1. Go to www.audible.com/at/redeem/
2. Copy/paste your promo code in the box under the caption “Redeem Your Promotional Code” and click redeem.
3. Next, click “Claim my offer” after which 1 credit will be placed in your account.
4. Search for my title at the top right of the page, or go straight to my audiobook’s listing at
http://www.audible.com/pd?asin=B07DVLFV ... 0726189O6K
5. Click on the option to “Buy with 1 Credit” after which you’ll be taken to your cart. Verify that the box in the “Apply Credits” column is checked; if it is not click on the box and then the “Update button”. The total will then read as $0.00. Please know that only one promo code can be applied per purchase.
6. Click “Next Step” and then click “Complete Purchase”.

You are a critical part of making your audiobook successful, so be sure to spread the word by sharing your link with fans, friends, family, and press. For more advice on promotion, check out our Author Tip Sheet:

http://bit.ly/8-Simple-Ways-to-Promote-Your-Audiobook

Congratulations on the release of The Bogleheads' Guide to the Three-Fund Portfolio. We wish you the greatest of success and, if you have any questions or concerns, please reach out to us at authorcare@audible.com .

Sincerely,

Khadija Roberts
Audible Studios Author Care Team
Best wishes
Taylor
"Simplicity is the master key to financial success." -- Jack Bogle

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by MrJones » Fri Jul 27, 2018 4:32 am

nedsaid wrote:
Tue Oct 24, 2017 6:56 pm
Who wrote the forward to the book?
Foreword.

With an 'e' and an 'o'.

Fore as in "comes ahead of," "before". Word as in word. Words that come before the rest of the book are in the foreword.

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by DireStraits » Fri Jul 27, 2018 7:17 am

b42 wrote:
Mon Jul 09, 2018 12:47 pm
bh7785 wrote:
Mon Jul 09, 2018 12:22 pm
I perused the thread but am not seeing the answer to my question: How is this book different than Taylor's first book?
I would say his first book covers more topics (Do I need an advisor, saving for college, etc.), while his most recent book focuses on one topic, the Three Fund Portfolio.
This is exactly what I appreciate about the new book.

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Taylor Larimore
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The book's "Foreward"?

Post by Taylor Larimore » Fri Jul 27, 2018 9:54 am

nedsaid wrote:
Who wrote the forward to the book?
nedsaid:

The best: John C. Bogle

Best wishes.
Taylor
"Simplicity is the master key to financial success." -- Jack Bogle

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Re: Taylor's New Book: The Bogleheads' Guide to The Three-Fund Portfolio

Post by TravelGeek » Fri Jul 27, 2018 11:25 pm

Well, not surprisingly the audible codes all seem taken, but no big deal, my library just notified me that the traditional paper version is now ready for me to pick up :sharebeer

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