Masters in Business Robin Wigglesworth on the Creation of the Index Fund (Podcast)
Nov 12, 2021
Join Robin Wigglesworth, Global finance correspondent for the Financial Times and author of 'Trillions,' as he breaks down the intriguing history of index funds. He shares his journey from aspiring physicist to finance journalist and highlights Jack Bogle's foundational role and the serendipitous rise of Vanguard. The discussion also covers the resilience of ETFs during financial crises and the ongoing debate around active versus passive investing, shedding light on the broader impact of these innovations on personal savings and market dynamics.
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Unexpected Beginning
- Robin Wigglesworth's career began unexpectedly in Dubai covering Islamic finance.
- His first interview was with a sheikh about Islamic reinsurance, sparking his passion for journalism.
Journalism's Focus
- Journalists prioritize good stories, not political agendas or pleasing advertisers.
- Journalism quality is improving due to better tools and increased interest in finance.
Inspiration for "Trillions"
- Wigglesworth's interest in passive investing stemmed from covering it extensively at the Financial Times.
- The history of passive investing, filled with compelling personalities and conflicts, inspired his book.
