Some people’s parents teach them how to buy their first shares, or the power of compound interest. My dad taught me that once you’ve got a bit, after that money doesn’t matter so much.
The Investor
Index investing feels random to a lot of people. Luckily, there’s nothing random about it.
Yet more praise for Warren Buffett, this time as a saviour of some US pensions. Plus the rest of the week’s good reads.
Don’t let anyone tell you passive investing is too straight. It’s actually a lot weirder than you think, but the reasons why are also why it works.