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> 1. “Random Walk Down Wall Street” to understand index funds and why they generally outperform. Some of the simple logic/arithmetic behind passive funds versu
by throw0101a 5y ago
> 1. “Random Walk Down Wall Street” to understand index funds and why they generally outperform.
Some of the simple logic/arithmetic behind passive funds versus active funds:
* https://web.stanford.edu/~wfsharpe/art/active/active.htm https://web.stanford.edu/~wfsharpe/art/active/active.htm
The author has an Economics Nobel:
* https://en.wikipedia.org/wiki/William_F._Sharpe https://en.wikipedia.org/wiki/William_F._Sharpe
* https://www.nobelprize.org/prizes/economic-sciences/1990/summary/ https://www.nobelprize.org/prizes/economic-sciences/1990/sum...