The Power Of Index Funds by Ted Cadsby

The book explains why broad-market index funds offer individual investors a low-cost, diversified, and tax-efficient way to capture market returns, arguing that passive investing typically outperforms most active managers over the long run. It provides practical guidance for constructing and rebalancing a simple portfolio using domestic and international index funds, emphasizes minimizing fees and turnover, and highlights the behavioral advantages of a disciplined, evidence-based approach. Supported by historical data and academic research, the author advocates patience and long-term focus to harness compounding and avoid the costs and risks of frequent trading.