When Odds On was born, we quickly realized that one of the powerful benefits of having a book in hand is it gets our foot in the door at public and professional venues alike. By having opportunities to “teach the teachers” about evidence-based investing, we could spread the word faster through the power of exponential word of mouth.
That’s one reason it was fun and fulfilling to present “The Evolution of Evidence-Based Investing” to a group of attorneys at the century-old, St. Louis law firm Lewis Rice earlier this month. (The awesome view of downtown St. Louis, Arch and all, didn’t hurt any either!)
Looking back to the 1950s, it’s eye-opening to realize how far investing has come since then. That was back before computer-generated data was available to help us understand the powerful efficiencies available in our capital markets. It meant that trying to pick this or that stock was not only the typical way to invest … it was mostly the only way possible. Low-cost index funds weren’t even available until the 1970s, but what a ride, as today we’re nearing 40% of the market resembling our approach.
Are you looking for a speaker for one of your organization’s events? Let us know if we can tell you more about the evolution of investing. Not to worry: Having an awesome view is optional.
PS: Are you wondering about that weird square drawing in the photo above? Check out our “Illustration of the Month” post.