
Charley Ellis: Indexing Is a Marvelous Gift
The Long View
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The Power Curve of Investing
This chapter explores the speaker's journey in the investment world, detailing the evolution from traditional banking to modern high-tech trading environments. It introduces the 'power curve' concept, emphasizing the importance of starting early in investing for exponential growth and discussing the challenges of outperforming indices. Additionally, the chapter highlights the impact of Regulation Fair Disclosure on market dynamics and active fund management performance.
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