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Forbes magazine recently celebrated its 85th anniversary with a special issue (12/23/02) that focused on “big ideas” in the business world. For example, among the big financial ideas of our times were mutual funds (1924), value investing (1934), discount brokerage (1973), index funds (1976), and cash management accounts (1977). Forbes also offered a crystal-ball glimpse into what may be the next big financial idea on the horizon. Among “15 people who will reinvent your future,” the magazine profiled Steven Wallman, founder of the company FOLIOfn.


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