ETFs for the Long Run: What They Are, How They Work, and Simple Strategies for Successful Long-Term Investing

Notes

Chapter 1: ETFs—The Newfangled Mutual Funds

1 John C. Bogle, “In Investing, You Get What You Don’t Pay For,” The World Money Show, 2 February 2005, Orlando, Fla.

 

 

Chapter 2: ETF History Lesson

1 Dow Jones Indexes, http://www.djindexes.com/mdsidx/index.cfm?event=showavgstats#no4.

2 Bob Tull, managing director at MacroMarkets, in an interview with the author, July 2007.

3 Steven Bloom, senior vice president for financial products, The NASDAQ Stock Market, formerly of the American Stock Exchange, in an interview with the author, June 2007.

4 Donald Katz, “Wall Street Rocket Scientists,” Worth, February/March 1992. pp. 68-74.

5 Stuart Bruchey, Modernization of the American Stock Exchange, 1971-1989 (New York: Garland Publishing, 1991), p. 8.

6 Ibid.

7 Ibid, p. 15.

8 Ibid, p. 17.

9 FINRA, http://www.finra.org.

10 Scott McMurray, “At a Crossroads: Continued Survival of Amex Is Threatened as Its Listings Decline—Thriving Options Business Slows Exchange’s Slide; Merger with Big Board?—A Way to Meet with Reagan,” The Wall Street Journal, 2 July 1985.

11 Ibid.

12 Ibid.

13 Ibid.

14 Anita Raghavan, “Curb Service: NASDAQ’s Parent Is in Negotiations to Take Control of the Amex—Deal Would Alter Trading on a Storied Exchange, Extend NASD’s Reach—Uncertainty for Floor Brokers,” The Wall Street Journal, 12 March 1998, p. A1.

15 Pat Wechsler Keefe, “Pressure on the Amex: No. 2 Stock Exchange Fights Increasing Competition,” Newsday, 2 February 1986, p. 88.

16 Joe Stefanelli, Amex”s former executive vice president ...