Trillions

Book cover of Trillions: How a Band of Wall Street Renegades Invented the Index Fund and Changed Finance Forever

Book description

Best books of 2021, Financial Times

'Grab some popcorn and take a front row seat, because Robin Wigglesworth has an astonishing story to tell you' Tim Harford, author of How to Make the World Add Up

'A fascinating account of an investment revolution' Ian Fraser, Literary Review

'A magisterial, delightfully…

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Why read it?

1 author picked Trillions as one of their favorite books. Why do they recommend it?

Larry R. Frank Sr.

Author

I often wondered who and when indexed investing was invented. This work discusses the history of investing and how indexing came to be. Turns out there were many people working independently initially, just like many other inventions earlier in the 20th Century.

Who knew the latter half of the 20th Century saw technology as well as a lot of academics come to bear on making investing for people easier and less expensive. Out of all random events and experiences different players had, Vanguard and Dimensional were born.

I’m a history nut as well as being concerned about our personal finances.…

From Larry's 3 favorite reads in 2023.