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This week Phil and Danielle discuss why the financial industry doesn't want you to have the ability to do what they do. They don\u2019t want to give you the\xa0 \u201csecret formula\u201d so they make finance seem complicated. You don't know Sharpe Ratio. You don't know Capital Asset Pricing Models. You don't know how to adjust for the Beta. Here\u2019s the bottom line though, all of these things that are taught in the business schools, are BS.\nWe also talk about our upcoming interview with Jacob Taylor and announce our next \u201cInvestED Book Club\u201d read. We also discuss the MSCI ACWI Index. This is an index that you can buy that follows the stock markets in the entire world. Like buying the S&P 500 for the world.\nLearn why Buffett says, \u201cWhen America gets a cold, the rest of the world gets pneumonia.\u201d For show notes and more information visit www.investedpodcast.com\nLearn more about your ad choices. Visit megaphone.fm/adchoices