The Little Book of Common Sense Investing in English
Raja Babu
20 episodes
5 days 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
All content for The Little Book of Common Sense Investing in English is the property of Raja Babu and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
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
9 minutes 36 seconds
6 months ago
Yesterday’s Winners, Tomorrow’s Losers
Chapter Nine
Yesterday’s Winners,
Tomorrow’s Losers
-
Fooled by Randomness*
IN SELECTING MUTUAL FUNDS, most fund investors seem
to rely, not on sustained performance over the long term, but
on exciting performance over the short term. (Exhibits 5.2
and 5.3 in Chapter 5 reinforce this point.)
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
