Freakonomics: The stupidest thing you can do with your money

From  Stephen J. Dubner at Freakonomics Radio:

It’s hard enough to save for a house, tuition, or retirement. So why are we willing to pay big fees for subpar investment returns? Enter the low-cost index fund. The revolution will not be monetized. John C. Bogle joins the Freakonomics podcast to discuss the mutual fund industry — and why you should avoid most of them. (Read an edited version of the transcript, right here)

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