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A comment on Robinhood stock trading app confirms $110M raise at $1.3B valuation. Parent comment

Re:Robinhood stock trading app confirms $110M raise at $1.3B... by SEJeff on Wednesday April 26, 2017 @12:05PM (#14204221)
Ask Jack Bogle... I'm sure he'll have a lesson or 5 for you.
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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by nommm-nommm on Wednesday April 26, 2017 @12:43PM (#14204640)
If someone is unfamiliar with the return on index funds they are unlikely to know who Jack Bogle is or what his lessons are.
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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by recursive on Wednesday April 26, 2017 @01:44PM (#14205229)
I got here: http://johncbogle.com/wordpress/

But I'm not sure where to go to find information about the returns.

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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by Kerrick on Wednesday April 26, 2017 @03:02PM (#14205954)
That's John Bogle. You're looking for Jack Bogle. https://www.bogleheads.org/wiki/Bogleheads%C2%AE_investment_...
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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by recursive on Wednesday April 26, 2017 @04:09PM (#14206511)
Apparently, they're the same person. https://www.bogleheads.org/wiki/John_Bogle

> John C. (Jack) Bogle, after whom the Bogleheads® are named, is founder of the Vanguard Group and creator of the world's first retail index mutual fund.

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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by StavrosK on Wednesday April 26, 2017 @12:38PM (#14204583)
What's the lesson?
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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by zenlikethat on Wednesday April 26, 2017 @01:10PM (#14204905)
Index funds (over time) tend to beat most professional money managers, much less amateur speculators.
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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by pedrocr on Wednesday April 26, 2017 @04:15PM (#14206551)
It's worse than that. Over any period of time index funds beat the average actively invested money because they have the exact same returns and less fees:

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

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Re:Robinhood stock trading app confirms $110M raise at $1.3B... by eru on Wednesday May 03, 2017 @05:54PM (#14260527)
Less fees and transaction costs.
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