The Bogleheads' Guide to the Three-Fund Portfolio

The simplicity and effectiveness of this strategy seem to challenge many complex investment methods. I'm curious what motivated this focus and how they decided on these specific funds.

The emphasis on broad diversification and low costs really stood out to me. Did these strategies change how others think about protecting their investments during market downturns?

It feels very practical and straightforward, but I wonder if it misses out on some nuanced strategies or if this simplicity is truly enough for most investors.