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Trillions by Robin Wigglesworth

Trillions

Best Seller
Trillions by Robin Wigglesworth
Hardcover $30.00
Oct 12, 2021 | ISBN 9780593087688

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  • Oct 12, 2021 | ISBN 9780593087688

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Praise

Praise for Trillions:

Trillions is both entertaining and educational. Wigglesworth explores one of the most important modern-day financial innovations and explains its broad impact on financial markets, investors, global economies and even capitalism. A terrific read and a topic that will become more important as passive investments increasingly dominate markets. Wigglesworth brings what could be a dull topic to full life.”
—Gregory Zuckerman, special writer at the Wall Street Journal and author of The Greatest Trade Ever and The Man Who Solved the Market

“As only the incomparable Robin Wigglesworth could do, in Trillions he turns the often obscured history of the investment industry into a rollicking great yarn, replete with admirable heroes, political infighting, fascinating diversions and unexpected triumphs.”
—William Cohan, special correspondent at Vanity Fair and author of The Last Tycoons, House of Cards, Money and Power, and Four Friends

“Very few writers can tell a great story and help us understand a big idea. Robin Wigglesworth is one of those rare journalists who can. His history of the index fund is required reading for anyone who wants to know where the financial markets have come, and where they are going. It’s also just a wonderfully engaging romp through the last half century of market news.”
—Rana Foroohar, global business columnist at the Financial Times and author of Makers and Takers and Don’t Be Evil

“This is a tour de force. Passive investing has become a bedrock of finance but very few investors understand where and how this practice emerged from and how it is changing markets in a way that impacts us all. Wilgglesworth has turned this arcane tale into an easy-to-understand and fun read, full of lively characters and little known details of how finance really works today. Anyone who wants to understand modern investing should read it.”
—Gillian Tett, chair of the editorial board and US editor-at-large at the Financial Times and author of Fool’s Gold and The Silo Effect

“A real tour de force, this engaging and thought-provoking book brings together several historical threads—from Warren Buffett’s famous hedge fund bet to the ‘Manhattan Project of financial economics’—to show how passive investing and index funds have evolved into an ETF phenomenon that has ‘humble[d] the investment industry … reshape[d] finance forever,’ and now poses risks for future financial stability and economic wellbeing.”
—Mohamed El Erian, Chief Economic Adviser of Allianz and author of When Markets Collide and The Only Game in Town

“The Indexing Revolution now has its Samuel Johnson! Robin Wigglesworth brings the eye of a journalist, a passion for the backstory and a turn of phrase that transforms the often arcane into historical drama. Little did the actors in Trillions know that they were so interesting. In Wigglesworth’s hands, the greatest change in investing in the last 100 years is brought to life like never before. A page turner!”
—Fred Grauer, former CEO of Wells Fargo Investment Advisors/Barclays Global Investors

“Robin Wigglesworth is one of the most lucid and exciting journalists writing about finance today. Trillions tackles the enormous changes that have swept the investing world through the stories of its charismatic innovators. It’s a fascinating journey and a crucial book for anyone trying to understand the financial markets.”
—Bradley Hope, writer at Project Brazen and author of Billion Dollar Whale

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