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Abstract： The Index of Economic Freedom, published annually by the Heritage Foundation and The Wall Street Journal, measures how institutional and policy factors—such as business freedom, trade freedom, property rights, and government size—relate to economic development. High economic freedom often correlates with higher income, stability, and peace, but the index has limits: some high-ranking economies grow slowly, while some low-ranking ones grow rapidly. Indicators can als

Abstract： Stock index funds are a top choice for individual investors due to their simplicity, low cost, diversification, long-term growth potential, and transparency. They track a specific stock index, eliminating the need for stock picking while spreading risk across many companies and industries. Lower management fees and reduced trading costs boost long-term returns, while historical data shows stable performance over decades. However, success requires selecting indexes w

Abstract： Charlie Munger’s investment philosophy stresses recognising one’s limits, preparing thoroughly, and focusing on only a few...

Abstract：The text emphasises preparing over predicting in the face of an uncertain future. Morgan Housel and Nassim Taleb advocate...

Abstract ：The article emphasises the inherent unpredictability of the future, even when using cyclical theories or historical patterns to...