Why? Because some of the investment return is now consumed by the Helpers, and the family’s share of the generous pie that U.S. To their surprise, however, the family wealth begins to grow at a slower pace. The ownership is thus rearranged among the family members. The Helpers handle the transactions and, as brokers, they receive commissions for their services. These Helpers convince the cousins to sell their shares in some of the companies to other family members, and to buy shares of other companies from them in return. But after a while, a few fast-talking Helpers arrive on the scene, and they persuade some”smart” Gotrocks cousins that they can earn a larger share than their relatives. The Gotrocks family was playing a winner’s game. Their investment compounded over the decades, creating enormous wealth. BogleĮach family member grew wealthier at the same pace, and all was harmonious. The Little Book of Common Sense InvestingĪbout Book – The Little Book of Common Sense Investing PDF Book Download by John C. The Little Book of Common Sense Investing PDF Book by John C. Each year, they reaped the rewards of investing: all of the earnings growth that those thousands of corporations generated and all of the dividends that they distributed. Click here to Download The Little Book of Common Sense Investing PDF Book by John C Bogle having PDF Size 2 MB and No of Pages 305.Ī wealthy family named the Gotrocks, grown over the generations to include thousands of brothers, sisters, aunts, uncles, and cousins, owned 100 percent of every stock in the United States.

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