The Little Book of Common Sense Investing in English
Raja Babu
20 episodes
1 week ago
To Paul A. Samuelson, professor of economics
at Massachusetts Institute of Technology,
Nobel Laureate, investment sage.
In 1948 when I was a student at Princeton
University, his classic textbook introduced me
to economics. In 1974, his writings reignited my
interest in market indexing as an investment strategy.
In 1976, his Newsweek column applauded my cre-
ation of the world’s first index mutual fund. In
1993, he wrote the foreword to my first book, and
in 1999 he provided a powerful endorsement for my
second. Now in his ninety-second year, he remains
my mentor, my inspiratio
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To Paul A. Samuelson, professor of economics
at Massachusetts Institute of Technology,
Nobel Laureate, investment sage.
In 1948 when I was a student at Princeton
University, his classic textbook introduced me
to economics. In 1974, his writings reignited my
interest in market indexing as an investment strategy.
In 1976, his Newsweek column applauded my cre-
ation of the world’s first index mutual fund. In
1993, he wrote the foreword to my first book, and
in 1999 he provided a powerful endorsement for my
second. Now in his ninety-second year, he remains
my mentor, my inspiratio
The Little Book of Common Sense Investing in English
12 minutes 16 seconds
6 months ago
Taxes Are Costs, Too
Chapter Six
Taxes Are Costs, Too
-
Don’t Pay Uncle Sam Any More
Than You Should.
WE STILL AREN’T THROUGH with these relentless rules
of humble arithmetic—the logical, inevitable, and unyield-
ing long-term penalties assessed against stock market par-
ticipants by investment expenses and the powerful impact
of inflation—that have slashed the capital accumulated by
mutual fund investors.
The Little Book of Common Sense Investing in English
To Paul A. Samuelson, professor of economics
at Massachusetts Institute of Technology,
Nobel Laureate, investment sage.
In 1948 when I was a student at Princeton
University, his classic textbook introduced me
to economics. In 1974, his writings reignited my
interest in market indexing as an investment strategy.
In 1976, his Newsweek column applauded my cre-
ation of the world’s first index mutual fund. In
1993, he wrote the foreword to my first book, and
in 1999 he provided a powerful endorsement for my
second. Now in his ninety-second year, he remains
my mentor, my inspiratio
