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Trillions: How a Band of Wall Street Renegades Invented the Index Fund and Changed Finance Forever
Rs. 2,890.00
Robin Wigglesworth
- Best books of 2021, Financial Times
Trillions is both entertaining and educational. Wigglesworth explores one of the most important modern-day financial innovations and explains its broad impact on financial markets, investors, global economies and even capitalism. A terrific read and a topic that will become more important as passive investments increasingly dominate markets. Wigglesworth brings what could be a dull topic to full life ― Gregory Zuckerman, special writer at the Wall Street Journal and author of The Man Who Solved the Market
The simplest, humblest ideas are sometimes the ones that turn the world upside down. 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 real tour de force, this engaging and thought-provoking book brings together several historical threads – from Warren Buffett’s famous hedge fund bet to the ‘Manhattan Project of financial economics’ – to show how passive investing and index funds have evolved into an ETF phenomenon that has ‘humble[d] the investment industry … reshape[d] finance forever,’ and now poses risks for future financial stability and economic wellbeing ― Mohamed El Erian, Chief Economic Adviser of Allianz and author of When Markets Collide
Robin Wigglesworth is one of the most lucid and exciting journalists writing about finance today. Trillions tackles the enormous changes that have swept the investing world through the stories of its charismatic innovators. It’s a fascinating journey and a crucial book for anyone trying to understand the financial markets ― Bradley Hope, writer at Project Brazen and author of Billion Dollar Whale
In Trillions, Financial Times journalist Robin Wigglesworth unveils the vivid secret history of index funds, bringing to life the colourful characters behind their birth, growth and evolution into a world-conquering phenomenon. It is the untold story behind one of the most pressing financial uncertainties of our time.
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About the Author
Book Specifications
Binding: Paperback
Pages: 224
Published Year: 2023
Publisher: Penguin Books Ltd
ISBN: 9780241987971
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