An admittedly flawed history of stock markets and investment strategies

A review of stock market history and investment strategies like passive, quantitative, fundamental and technical analysis to aid in financial modeling building.
Find the full video transcript here:
factorpad.com/...
For the outline to the series see:
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For other tutorials see:
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Happy Learning!

[@walterjaimes1318]

So much knowledge, and yet, only a thousand views...

[@ryry8997]

a very concise overview of the history of financial markets. thanks, it filled a few gaps

[@deter3]

Thanks for putting together these material and I learned a lot . It must take lots of time to do it .

[@meshed1234]

superb

[@WallaceRoseVincent]

I know you have limited time to present the history, but why didn't you include Jack Bogle? I thought he took the theory of indexing from academics to markets? What is your opinion?

[@Factorpad]

Hey Wallace, thanks for the note. Yes, Jack Bogle could have easily been a part of this history. I admire his principles and consistency. What is so interesting about Vanguard to me is that the management company is owned by the funds, instead of a for-profit firm. Not only does this lower costs but also removes conflicts of interest. Any time you can remove conflicts of interest, especially in the asset management industry, it's usually a good thing. ;) You can read more about it here: about.vanguard.com/what-sets-vanguard-apart/why-ownership-matters/ It reminds me of the open-source movement to software development, any time you can remove companies' ability to 'control' markets it's usually a good thing...but that's a topic for another day. Thanks for the question, -Paul

[@William_sJazzLoft]

A pricing war did ensue. But now because of payment-for-order-flow, we have commission_free trading