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Robin Wigglesworth
Trillions
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2259675Trillionshttps://www.gandhi.com.mx/trillions/phttps://gandhi.vtexassets.com/arquivos/ids/1931667/8559dd3f-66d6-40dc-8618-4f2379714e47.jpg?v=638344996812170000https://gandhi.vtexassets.com/arquivos/ids/1929127/8559dd3f-66d6-40dc-8618-4f2379714e47.jpg?v=638344993639400000235306MXNPenguin Publishing GroupInStock/Ebooks/<p><strong>From the <em>Financial Timess</em> global finance correspondent, the incredible true story of the iconoclastic geeks who defied conventional wisdom and endured Wall Streets 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.</strong></p><p>Fifty years ago, the Manhattan Project of money management was quietly assembled in the financial industrys backwaters, unified by the heretical idea that even many of the worlds finest investors couldnt beat the market in the long run.</p><p>The motley crew of nerdsincluding economist wunderkind Gene Fama, humiliated industry executive Jack Bogle, bull-headed and computer-obsessive John McQuown, and avuncular former WWII submariner Nate Mostsucceeded 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.</p><p>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.</p><p>In <em>Trillions</em>, <em>Financial Times</em> 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 financeand one of the most pressing financial uncertainties of our time.</p>...2143353Trillions235306https://www.gandhi.com.mx/trillions/phttps://gandhi.vtexassets.com/arquivos/ids/1931667/8559dd3f-66d6-40dc-8618-4f2379714e47.jpg?v=638344996812170000https://gandhi.vtexassets.com/arquivos/ids/1929127/8559dd3f-66d6-40dc-8618-4f2379714e47.jpg?v=638344993639400000InStockMXN99999DIEbook20219780593087695_W3siaWQiOiJmOTgxNWQ5OC0yYmU1LTQ5ZWYtYjIxNS0xZGU3YTMxNjBkNjMiLCJsaXN0UHJpY2UiOjMwNiwiZGlzY291bnQiOjcxLCJzZWxsaW5nUHJpY2UiOjIzNSwiaW5jbHVkZXNUYXgiOnRydWUsInByaWNlVHlwZSI6Ildob2xlc2FsZSIsImN1cnJlbmN5IjoiTVhOIiwiZnJvbSI6IjIwMjUtMDgtMTBUMDM6MDA6MDBaIiwicmVnaW9uIjoiTVgiLCJpc1ByZW9yZGVyIjpmYWxzZX1d9780593087695_<p><strong>From the <em>Financial Timess</em> global finance correspondent, the incredible true story of the iconoclastic geeks who defied conventional wisdom and endured Wall Streets 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.</strong></p><p>Fifty years ago, the Manhattan Project of money management was quietly assembled in the financial industrys backwaters, unified by the heretical idea that even many of the worlds finest investors couldnt beat the market in the long run.</p><p>The motley crew of nerdsincluding economist wunderkind Gene Fama, humiliated industry executive Jack Bogle, bull-headed and computer-obsessive John McQuown, and avuncular former WWII submariner Nate Mostsucceeded 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.</p><p>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.</p><p>In <em>Trillions</em>, <em>Financial Times</em> 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 financeand one of the most pressing financial uncertainties of our time.</p>...9780593087695_Penguin Publishing Grouplibro_electonico_f38adc37-7409-3d5a-8d09-0e77a65b5f76_9780593087695;9780593087695_9780593087695Robin WigglesworthInglésMéxicohttps://getbook.kobo.com/koboid-prod-public/PenguinUS-epub-90567df5-f46e-4338-9880-f69cd444c4fa.epub2021-10-12T00:00:00+00:00Penguin Publishing Group