All the easy inventions are done. It was easier back then because the most obvious ideas were still there to be discovered. Now it is way harder. If you really think so, you need to think again. Since I'm still in the investment business, lets look at an all-pervasive and *obvious* idea today - the index fund. Vanguard is the world's largest index fund manager. It has a 29% market share of all US fund assets. And it pulled in a billion dollars *per day* for ten years starting in 2010. That's a billion dollars every single day.
All the easy inventions are done
All the easy inventions are done
All the easy inventions are done
All the easy inventions are done. It was easier back then because the most obvious ideas were still there to be discovered. Now it is way harder. If you really think so, you need to think again. Since I'm still in the investment business, lets look at an all-pervasive and *obvious* idea today - the index fund. Vanguard is the world's largest index fund manager. It has a 29% market share of all US fund assets. And it pulled in a billion dollars *per day* for ten years starting in 2010. That's a billion dollars every single day.