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Topic: investing

Bales of hay in a harvested field
Business
Monday, 6/29, 06:11 AM

'Buy the haystack': the simple idea behind tracker funds

  • Rather than hunt for the handful of stocks that will beat the market, a growing number of investors simply buy the whole market through index, or tracker, funds.
  • The logic — captured in a famous phrase from the man who pioneered them — is that finding the needle is so hard you may as well own the haystack.

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