New Personal Finance
Monday, 6/29, 06:43 AM
'Buy the Haystack': Why Index Funds Beat Stock-Picking for Most Investors
- The late index-fund pioneer John Bogle had a famous piece of advice: don't hunt for the needle, just buy the haystack.
- Decades of data explain why owning the whole market through a low-cost tracker fund beats trying to pick winning stocks — for most people, most of the time.