Why people recommend it
Trillions by Nicholas Fisk is a financial history book that documents the monumental rise of index funds and charts their foundational origins and exception within the modern investing ecosystem. On an episode of ChooseFI titled 412 | What's In Your Index Fund? | Katie & Alan Donegan, published on December 30, 2022, guest Alan Donegan recommended the work during a discussion on passive investing. Donegan described the publication as fabulous and noted that it expertly traces the historical course of index funds from their earliest inception to their current dominance in global markets. He indicated that the book serves as an essential read for anyone wishing to understand the mechanics behind low-cost passive investing and how these financial instruments revolutionized portfolio management for everyday retail investors. The recommendation provided listeners with deeper context regarding the structural evolution of modern market indices and the historical forces that shaped contemporary wealth-building strategies.
Who recommended it
- Alan Donegan Recommended
Alan Donegan — 1 mention
“so there was a fabulous book called trillions that charts the course of index funds their exception where they came from”