
Chemical Bank Chairman's Professor of Economics Emeritus, Princeton University; Chief Investment Officer, Wealthfront; former Vanguard director
A Random Walk Down Wall Street, now in its thirteenth edition after fifty years, is the primary popular source for the index-fund case.
Chosen by shared topics, the entries that hold them, and the people who recommended both.
Stock prices follow a random walk, so a low-cost index fund beats stock picking.
Recommended by: Nat Eliason, Mohnish Pabrai
Save early, index, diversify, cut costs, rebalance: investing rules in 100 pages.
Topics