2min chapter

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#58 John Bogle: Enough: True Measures of Money, Business, and Life

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CHAPTER

The Importance of Simplicity in Financial Markets

Swan to lab confirms what we already know in the financial markets the improbable is in fact highly probable or as to lab also notes the highly probable is utterly improbable yet far too many of us amateurs and professionals alike continue to look ahead with apparent confidence that the past is prologue. He says my career has been a monument not to brilliance or complexity but to common sense and simplicity. Swan to lab: "I still don't think that it's registering enough for me"

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