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The Radical Invention of the Index Fund, with Robin Wigglesworth

Afford Anything

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The History of Index Funds

The story of index funds goes back well over a century, before jack bogle was even born. It started with an obscure french mathematician named lewis becilier. He wrote his ph d Thesis on how stock seemed to move randomly. That became the efficient markets theory under jean farmer who learnt from some other french mathematicians about his theories. And that was so of the intellectual underpinnings for the first generation of index funds.

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