MFOHome About Commentary Discussions Funds The Best Resources Support Us!

Howdy, Stranger!

It looks like you're new here. If you want to get involved, click one of these buttons!

Sign In Register

Categories

Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.

    Support MFO

  • Donate through PayPal

CFA Blog: A Pillar of Modern Finance (The Index Fund) Turns 50

VegomaticVegomatic
edited July 2021 in The Bullpen
CFA, 2021 https://blogs.cfainstitute.org/investor/2021/07/01/a-pillar-of-modern-finance-turns-50/?

FT, 2018 https://www.ft.com/content/807909e2-0322-11e9-9d01-cd4d49afbbe3

A Pillar of Modern Finance Turns 50
Quick, what is 1 July 2021 the 50th anniversary of?

1. The incorporation of Berkshire Hathaway
2. The first index fund
3. The Dow’s first close above 1000*
4. The founding of the SEC

If you guessed the index fund, you were right: The first index fund debuted on 1 July 1971...
Sign In or Register to comment.