Stay updated with breaking news from Ransom Cook. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The Financial Time’s global finance correspondent, Robin Wigglesworth, examines indexing’s serendipitous beginnings and the innovators who transformed the financial industry.
âAnarchistâ Mac McQuown started an index revolution 50 years ago Sam Potter Save Share The unsung hero of modern investing spends his days on the sunny vineyards of Sonoma, California â a world away from Wall Street. John âMacâ McQuown never helmed a big bank, crafted policy from Washington DC, nor enjoyed name recognition like his kindred spirit Jack Bogle. John McQuown and his team of legendary academics created the first index fund 50 years ago. AP But 50 years ago, McQuown and his team of legendary academics created the first-ever index fund â an innovat...
Clarence Jefferson Hall Jr. (Photo provided) In a notable new book, “A Prison in the Woods,” Clarence Jefferson Hall Jr. seeks to analyze connections between penal systems and environmental issues as related to the Adirondacks. It’s a topic I’d never thought about before. Apparently not many others have, either, as the author claims his work is the first on the topic. In one sense, incarceration in the Adirondacks isn’t a new phenomenon. A state prison opened in Dannemora during the 1840s. The first warden, Ransom Cook, espoused reform values, and his leadership earned respect ...