Джон К. Богл

Руководство разумного инвестора. Надежный способ получения прибыли на фондовом рынке


Скачать книгу

в 1942 году.

      9

      Так в американской литературе именуются значительные изменения в жизни жителей Северной Америки после Войны за независимость 1775–1783 годов. Прим. ред.

      10

      Цит. по: Пейн Т. Избранные сочинения / Под ред. М. П. Баскина. М.: Изд-во АН СССР, 1959. С. 21–64. Пер. с англ. Ф. Ф. Вермель. Прим. ред.

      11

      Полное название книги на английском языке Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor. На русском языке опубликована под заглавием «Взаимные фонды с точки зрения здравого смысла. Новые императивы для разумного инвестора». Прим. ред.

      12

      Религиозная секта в США. Прим. ред.

      13

      Нужно отметить, что каждый год Готроксы покупали акции компаний, которые проходили первичное размещение на фондовом рынке.

      14

      Привязка инвестиционного портфеля к определенному фондовому индексу, то есть капиталовложения осуществляются в ценные бумаги, входящие в структуру индекса. Прим. ред.

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