Why companies die but indexes are forever, Pimp my portfolio & ETF overlap

Between 1950 and 2009, 78% of companies listed on the US stock market went bankrupt. That was a finding from Geoffrey West in his book Scale.
Makes the stock market seem pretty risky right?
In that time, the US stock market grew 23,249%. Or, put another way, each $100 invested in 1950 turned into more than $200k. In this episode we share how you can reconcile those two numbers and ultimately why companies may die but indexes are forever.
Here’s what else we cover in today’s episode:
How indexes have changed over time
Adam Dawes returns for another Pimp my Portfolio
The challenge of ETF overlap: what is it, when is it okay and how can you measure it?
Resources discussed:
Examine ETF overlap with ETF Tracker
Pick up our book Don’t Stress, Just Invest
Have a question? Ask via our website and we’ll answer it on the podcast.
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