This week we recommend two articles, one from the New York Times, and the other from Larry Swedroe’s Blog.
A Dying Banker’s Last Instructions: Gordon Murray was a managing director at Lehman Brothers and Credit Suisse. He also worked at Goldman Sachs. For 25 years, he sold bonds to institutional investors like pensions and mutual fund managers, until he discovered the futility of trying to beat the market and decided to share his “discovery” to as many investors as possible. This article was published in the New York Times.
The Greatest Beneficiary of a Passive Investment Strategy? Your family: Larry Swedroe discusses how a switch in your investment philosophy can lead you to better relationships and to a more enjoyable life.