[throw0101a]

> 1. “Random Walk Down Wall Street” to understand index funds and why they generally outperform.

Some of the simple logic/arithmetic behind passive funds versus active funds:

* https://web.stanford.edu/~wfsharpe/art/active/active.htm

The author has an Economics Nobel:

* https://en.wikipedia.org/wiki/William_F._Sharpe

* https://www.nobelprize.org/prizes/economic-sciences/1990/sum...