The Investing Kit includes The Galton Board, Stock Market Edition, a desktop device that illustrates the similarities between the bell curve, cascading beads, and stock market returns, a copy of Mark Hebner’s highly acclaimed book, Index Funds: A 12-Step Recovery Program for Active Investors, and a companion DVD of the documentary film of the same name based on the book. The kit provides investors with a comprehensive education of how markets work, with each piece providing an integral component to deliver a multimedia demonstration of the futility of speculating in the stock market and the wisdom of buying, holding and rebalancing a risk-appropriate portfolio of index funds.
Index Funds: The 12-Step Recovery Program for Active Investors book and companion DVD detail the perils associated with stock picking, mutual fund manager picking, market timing, and other wealth depleting behaviors. The 12-Step program teaches the differences between active and passive investing, explains the emotional triggers that impact investment decisions, and offers an enlightening education on science-based investing that may forever change the way an investor perceives the stock market. Hebner sets forth a sound strategy that involves risk-appropriate investing that may empower investors to lead a more profitable and relaxed life.
The Galton Board, Stock Market Edition brings together important principles in statistics and how they apply to the stock market. Specifically, it demonstrates the similarities between the bell-shaped curve and stock market returns and allows you to visualize the order embedded in the chaos of randomly occurring events, such as cascading beads bouncing off of pegs and the news that creates the random walk of stock market prices.