Guess Who Created The Index Fund? (hint: you'll probably be surprised)
The Stacking Benjamins Show
00:00
Stocks Are a Great Long Term Investment
In the roaring twenties, who cared like whether your fun manager did as well as the market? Because, first, you were making so much money anyway. And second, people didn't know what the oval macke was really doing. You had things like the do jones industrial average that was being compiled every day, but nobody knew how well itad done overtime. So mary lynch hired a universityof chicago professor to say, thak, here's a couple of hundred thousand dollars going figure out what stocks have returned in the long run. That was jim lorry. He id, what was the grandbady study of tis.
Play episode from 25:33
Transcript
