A path of 3 short lessons · 7 min in all

Index funds, simply

What you actually own when you buy the whole market, and why cheap tends to win.

Open the drawn lessons
  1. What an index really isA list of companies, and a rule for how much of each.2 min
  2. The fund they laughed atThe first index fund, and a ten year bet with a million dollars on it.3 min
  3. ETF or fund?Two wrappers for the same basket.2 min

More paths

Thinking clearly5 lessons · The traps that catch smart people with money. How money grows7 lessons · Compounding, costs, and why time does the work. How to value a stock12 lessons · One number at a time, on one small lemonade company. Then all of them together. Inside the reports5 lessons · The three statements every company publishes, taken line by line with Lemon Co. Clues in the filings5 lessons · Big customers, insider trades, short sellers, fund holdings and a distress score: what each one can and cannot tell you. A clear mind10 lessons · The voice in your head, and small tools from studies that quiet it. Most of them take a minute.