20min chapter

The Compound and Friends cover image

S&P 6,000, Elon wins, replacing gensler, remembering Mac McQuown with Robin Wigglesworth

The Compound and Friends

CHAPTER

The Evolution of Index Funds

This chapter explores the history and development of index funds, particularly the S&P 500, and the key figures who played pivotal roles in their establishment. It highlights the challenges faced during the inception of index funds and the transformative impact of Jack Bogle in making index investing accessible to the public. Additionally, the narrative examines recent leadership changes at Vanguard and the implications for the future of investment management.

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