From the Financial Times's global finance correspondent, the incredible true story of the iconoclastic geeks who defied conventional wisdom and endured Wall Street's scorn to launch the index fund revolution, democratizing investing and saving hundreds of billions of dollars in fees that would have otherwise lined fat cats' pockets. Fifty years ago, the Manhattan Project of money management was quietly assembled in the financial industry's backwaters, unified by the heretical idea that even man…
From the Financial Times's global finance correspondent, the incredible true story of the iconoclastic geeks who defied conventional wisdom and endured Wall Street's scorn to launch the index fund revolution, democratizing investing and saving hundreds of billions of dollars in fees that would have otherwise lined fat cats' pockets. Fifty years ago, the Manhattan Project of money management was quietly assembled in the financial industry's backwaters, unified by the heretical idea that even many of the world's finest investors couldn't beat the market in the long run. The motley crew of nerds--including economist wunderkind Gene Fama, humiliated industry executive Jack Bogle, bull-headed and computer-obsessive John McQuown, and avuncular former WWII submariner Nate Most--succeeded beyond their wildest dreams. Passive investing now accounts for more than $20 trillion, equal to the entire gross domestic product of the US, and is today a force reshaping markets, finance and even capitalism itself in myriad subtle but pivotal ways. Yet even some fans of index funds and ETFs are growing perturbed that their swelling heft is destabilizing markets, wrecking the investment industry and leading to an unwelcome concentration of power in fewer and fewer hands. In Trillions, Financial Times journalist Robin Wigglesworth unveils the vivid secret history of an invention Wall Street wishes was never created, bringing to life the characters behind its birth, growth, and evolution into a world-conquering phenomenon. This engrossing narrative is essential reading for anyone who wants to understand modern finance--and one of the most pressing financial uncertainties of our time.
From the Financial Times's global finance correspondent, the incredible true story of the iconoclastic geeks who defied conventional wisdom and endured Wall Street's scorn to launch the index fund revolution, democratizing investing and saving hundreds of billions of dollars in fees that would have otherwise lined fat cats' pockets. Fifty years ago, the Manhattan Project of money management was quietly assembled in the financial industry's backwaters, unified by the heretical idea that even many of the world's finest investors couldn't beat the market in the long run. The motley crew of nerds--including economist wunderkind Gene Fama, humiliated industry executive Jack Bogle, bull-headed and computer-obsessive John McQuown, and avuncular former WWII submariner Nate Most--succeeded beyond their wildest dreams. Passive investing now accounts for more than $20 trillion, equal to the entire gross domestic product of the US, and is today a force reshaping markets, finance and even capitalism itself in myriad subtle but pivotal ways. Yet even some fans of index funds and ETFs are growing perturbed that their swelling heft is destabilizing markets, wrecking the investment industry and leading to an unwelcome concentration of power in fewer and fewer hands. In Trillions, Financial Times journalist Robin Wigglesworth unveils the vivid secret history of an invention Wall Street wishes was never created, bringing to life the characters behind its birth, growth, and evolution into a world-conquering phenomenon. This engrossing narrative is essential reading for anyone who wants to understand modern finance--and one of the most pressing financial uncertainties of our time.
Atsiliepimai
Atsiliepimų nėra
0 pirkėjai įvertino šią prekę.
5
0%
4
0%
3
0%
2
0%
1
0%
Kainos garantija
Ženkliuku „Kainos garantija” pažymėtoms prekėms Knygos.lt garantuoja geriausią kainą. Jei identiška prekė kitoje internetinėje parduotuvėje kainuoja mažiau - kompensuojame kainų skirtumą. Kainos lyginamos su knygos.lt nurodytų parduotuvių sąrašu prekių kainomis. Knygos.lt įsipareigoja kompensuoti kainų skirtumą pirkėjui, kuris kreipėsi „Kainos garantijos” taisyklėse nurodytomis sąlygomis. Sužinoti daugiau
Elektroninė knyga
22,39 €
DĖMESIO!
Ši knyga pateikiama ACSM formatu. Jis nėra tinkamas įprastoms skaityklėms, kurios palaiko EPUB ar MOBI formato el. knygas.
Svarbu! Nėra galimybės siųstis el. knygų jungiantis iš Jungtinės Karalystės.
Tai knyga, kurią parduoda privatus žmogus. Kai apmokėsite užsakymą, jį per 7 d. išsiųs knygos pardavėjas . Jei to pardavėjas nepadarys laiku, pinigai jums bus grąžinti automatiškai.
Šios knygos būklė nėra įvertinta knygos.lt ekspertų, todėl visa atsakomybė už nurodytą knygos kokybę priklauso pardavėjui.
Perskaityta knyga:
Nenauja knyga, kuri parduodama tiesiai iš knygos.lt sandėlio. Knygos kokybė įvertinta knygos.lt ekspertų.
Tai knyga, kurią parduoda privatus žmogus. Kai apmokėsite užsakymą, jį per 7 d. išsiųs knygos pardavėjas . Jei to pardavėjas nepadarys laiku, pinigai jums bus grąžinti automatiškai.
Šios knygos būklė nėra įvertinta knygos.lt ekspertų, todėl visa atsakomybė už nurodytą knygos kokybę priklauso pardavėjui.
Atsiliepimai