Celebrating humanity's flourishing through the spread of capitalism and the rule of law
24 Jan 2025 Leave a comment
in applied price theory, financial economics Tags: active investing, efficient markets hypothesis, passive investing
John Bogle, the founder of Vanguard, wrote a short book in 2006 that explains his investment philosophy. I can sum it up at much less than book length: the best investment advice for almost everyone is to buy and hold a diversified, low-fee fund that tracks an index like the S&P 500. Of course, a […]
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Celebrating humanity's flourishing through the spread of capitalism and the rule of law
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