online reading

What are some good articles and pages to read online?

Every 25-Year-Old Should See This Chart

Here’s The Difference Between Someone Who Starts Saving At 25 Vs. Someone Who Starts At 35

The extraordinary power of compound interest

The proof that active managers can’t beat the market

Berkshire Hathaway’s annual shareholder letters – Warren Buffett

A series of essays over the years from the world’s most successful investor. Makes interesting reading! Notably, the 2013 letter has the following to say about how most people should invest:

The typical investor doesn’t need this skill. In aggregate, American business has done wonderfully over time and will continue to do so (though, most assuredly, in unpredictable fits and starts). In the 20th century, the Dow Jones industrial index advanced from 66 to 11,497, paying a rising stream of dividends to boot. The 21st century will witness further gains, almost certain to be substantial. The goal of the nonprofessional should not be to pick winners — neither he nor his “helpers” can do that — but should rather be to own a cross section of businesses that in aggregate are bound to do well. A low-cost S&P 500 index fund will achieve this goal.

– 2013 letter to shareholders by Warren Buffett