Best by an Experienced Investor: "The Little Book of Common Sense Investing"

　　经验丰富的投资者所著的最好书籍：《常识投资的小书》

　　John C. Bogle is credited with creating the first-ever index fund, so he knows a good bit about investing.

　　约翰·C-博格尔被认为发行了史上第一个指数基金，所以他对投资很是了解。

　　He’s also the founder of Vanguard Group, and he and Buffett are rumored to be the best of friends.

　　他也是美国共同基金公司的创始人，据传他和巴菲特是最好的朋友。

　　It stands to reason that you’d want to learn from both of them, and Buffett has given his endorsement to Bogle’s book, saying that “investors large and small” should read it.

　　显然，你会期待向他们二位学习，巴菲特称赞博格尔的书，说“大小投资者”都该读一读。

　　"The Little Book of Common Sense Investing: The Only Way to Guarantee Your Fair Share of Stock Market Returns" takes the surprising approach that for many investors, the stock market is a lose-lose proposition.

　　《常识投资的小书：确保你公平分享股市回报的唯一方法》中有令人诧异的说法，那就是对于许多投资者股市就是双输命题。

　　Then Bogle explains how he’s learned to turn the odds in his favor.

　　博格尔解释了他是怎样学会提高胜算的。

　　This isn’t Bogle’s only book, but it’s the one that manages to cover his own personal innovative techniques and truths in a relatively short and easy read.

　　这不是博格尔唯一的书，但它是一本以相对简短易读的方式来讲述他自己的创新技术和真相的书。

　　Best for Newbies: "A Random Walk Down Wall Street"

　　最适合菜鸟的书：《漫步华尔街》

　　Investing doesn’t necessarily mean you devote hours a day and extensive energy and thought to manage a broad-based, extensive portfolio, and Burton Malkiel knows that.

　　投资不一定意味着你一天要花费数小时，把大量精力和思绪都放在管理广泛的大量投资组合上，伯顿·马尔基尔深知这一点。

　　"A Random Walk Down Wall Street" is invaluable reading for those who are trying to get a handle on their first 401(k)s. First you have to learn to talk the talk, or at least understand what’s being said when someone else speaks it.

　　对于想要管理好第一笔退休储蓄的人来说《漫步华尔街》是一本非常有价值的读物，首先你要学会一些术语，或者至少能理解别人在说什么。

　　Malkiel’s book includes some handy definitions of investment terms, and it applies them to various investment strategies geared toward different stages in life.

　　马尔基尔的书中有一些易懂的投资术语的定义，并将这些应用于针对生活不同阶段的不同投资策略中。

　　He emphasizes long-term investments rather than get-rich-quick schemes and how to predict prices and avoid common mistakes.

　　他不看重一夜暴富，而是看重长期投资以及如何预测价格并避免常犯的错误。

　　This is another new, revised edition of a book that’s been around for a while. "Random Walk" has sold more than 1.5 million copies to date.

　　这是一本新的修订版的书，已经上市一段时间了，《漫步华尔街》迄今销量已经突破150万。