Instruction
In no fewer than 400 words, summarize the main ideas of the podcast AND answer the following the questions based on the podcast AND your own knowledge. 1. What is an index fund? Why was John Bogle inspired to create them? 2. What are hedge funds? How are they different from index funds? 3. If you had a million dollars would you invest them in index funds or hedge funds? Why?
http://www.npr.org/sections/money/2016/03/04/469247400/episode-688-brilliant-vs-boring