Planet Money Summer School cover image

Investing 2: Index Funds & The Bet

Planet Money Summer School

CHAPTER

Index Funds Are Unamerican

The investment industry does not like this idea ecause it's an insult to everything they stand for and they're trying to do. Bogel keeps the index fund open, and he waits for the world to just come around to his way of seeing things. A year goes by, and then another. A decade passes. So you've been out there for ten years with the greatest idea of your life. I get it right. Index funds are unamerican. One of the things that makes america great is that people work really hard to do better than average. And if you buy an index fund, you are buying something that is designed to be average,. That is guaranteed never to be

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner