))
Modern Investing with Sidepocket: John "Mac" McQuown, Inventor of the Index Fund
Manage episode 396179301 series 3550401
Content provided by Sidepocket Financial. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Sidepocket Financial or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
In this podcast interview, John "Mac" McQuown discusses the serendipitous journey of creating index funds, emphasizing its impact on modern finance, his work at Wells Fargo's management sciences group, the importance of diversification in investment strategies, and emerging technologies like graphene in batteries, encapsulating it with the quote: "A simple-minded index fund outperformed about 95 percent of those portfolios," providing valuable insights into the history and evolution of index funds and their influence on modern investing.
About John "Mac" McQuown
John "Mac" McQuown is a distinguished figure in the world of finance and investing. Renowned for his pivotal role in shaping modern finance, McQuown's contributions are highlighted by his groundbreaking creation of the index fund during his tenure as the founder and director of the Management Scientists Group at Wells Fargo bank. Alongside co-founding Dimensional Fund Advisors with David G. Booth and leading KMV and Diversified Credit Investments, McQuown has achieved numerous remarkable feats in his entrepreneurial journey. Additionally, he owns Stonehenge Farm Estate Vineyards, an entirely self-sustainable and off-grid winery and vineyard. McQuown's vast expertise and innovative thinking continue to influence the financial landscape to this day.
Financial Educator? Click here now to learn how you can unlock the full potential of your practice and help your clients thrive.
Don’t work with one of our platform partners? Try Sidepocket BETA: Download Sidepocket for iOS
About Sidepocket:
If you don't have the time to professionally trade and are tired of being at the whim of the market's ups and downs, consider using Sidepocket to automate investing.
Sidepocket monitors the markets 24/7 and automatically rebalances your holdings each month. To maximize returns while protecting against loss.
That's why Sidepocket applies sophisticated quantitative methods, including tactical asset allocation to systematically minimize these drawdowns and consistently protect and grow your hard earned savings.
To learn more, visit www.sidepocket.com
35 episodes
Share
