Investors should think of their portfolios as an investment in global capitalism. This hypothetical stock certificate represents an investment in Capitalism, Inc., showing estimates for year-end 2013 of total market value, sales, profits, number of CEOâ€™s, and number of employees who work for an investor who buys a globally diversified index portfolio. With a total market cap of $41 trillion, more than twelve thousand CEOâ€™s worldwide, and over 72 million employees selling products in 192 countries, it is not reasonable to believe that Capitalism, Inc. will go out of business. And if it did... your money would be worthless.
Published on Jun 1, 2015
This book reveals the potential land mines and pitfalls of active investing and educates readers on the benefits of passive investing with i...