Common Sense on Mutual Funds: New Imperatives for the Intelligent Investor, written by John Bogle, is a book educating investors about mutual funds, with a focus on the praise of index funds and the importance of having a long-term strategy.

On the dust jacket cover, Jim Cramer wrote, "After a lifetime of picking stocks, I have to admit that (Vanguard Group founder John) Bogle's arguments in favor of the index fund have me thinking of joining him rather than trying to beat him.

"[1] Since its release, it has received high accolades in the investment community.

[2][3] ConsumerAffairs.com rated it on its "15 Business Books That Could Actually Help Make You Rich" list.

[4] Despite it being aimed at American audiences, the British newspaper The Independent stated "there is nothing in it that does not apply in some measure to the UK fund industry.