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。
La poesía es el arte de expresar lo inexpresable.
理解心灵需要理解符号如何根植于感知和行动。
信息是市场运作的关键，缺乏信息可能导致市场失灵。
阅读不是可选的。
The history of women’s labor force participation is not a steady march upward but a story of fits and starts.