It will also tell you how easy it is to do just that. Simply buy the entire stock market. Then, once you have bought your stocks, get out of the casino and stay out. Just hold the market portfolio forever. And that’s what the index fund does. This investment philosophy is not only simple and elegant. The arithmetic on which it is based is irrefutable. But it is not easy to follow its discipline.
它还会告诉你做到这一点是多么容易。只需购买整个股票市场。然后，一旦你买了股票，就离开赌场，留在外面。只要永远持有市场投资组合。这就是指数基金所做的。这种投资理念不仅简单而优雅。它所依据的算术是无可辩驳的。但要遵循它的纪律并不容易。
I don't write to be loved, I write to be understood.
The only way to deal with an unfree world is to become so absolutely free that your very existence is an act of rebellion.
Literature is the voice of the marginalized.
Never let age be a barrier to learning or discovery.