Index Funds - The 12-Step Recovery Program for Active Investors (gnv64)

Index Funds - The 12-Step Recovery Program for Active Investors
by Mark T. Hebner and Harry M. Markowitz
IFA Publishing | June 2013 | ISBN-10: 0976802341 | True PDF | 320 pages | 44.3 mb
http://www.amazon.com/Index-Funds-12-Step-Recovery-Investors/dp/0976802341

This 2013 revised edition of Index Funds: The 12-Step Recovery Program for Active Investors provides new data, updated charts and additional information on index funds investing. This book reveals the potential land mines and pitfalls of active investing and educates readers on the benefits of passive investing with index funds. Hebner's book details the possible perils associated with stock picking, mutual fund manager picking, market timing, and other wealth depleting behaviors. This 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.

About the Author
Mark T. Hebner is the founder and president of Index Fund Advisors, Inc., author of ifa.com, and the book Index Funds: The 12-Step Program for Active Investors. That original book received praise from the financial industry and academic legends, including John Bogle, David Booth, Harry Markowitz, Burton Malkiel, and Paul Samuelson. This is a condensed and updated version of that book. Mark is considered a leading author, speaker, and Internet provider of investing education. He is especially knowledgeable about the superiority of index mutual funds, as well as the research indexes designed by financial economists. He earned an MBA at the University of California, Irvine.

CONTENTS
Foreword xi
About the Author xvi
Introduction xvii
Step 1: Active inveStorS 23
Step 2: nobel lAureAteS 51
Step 3: Stock pickerS 73
Step 4: time pickerS 99
Step 5: mAnAger pickerS 115
Step 6: Style driFterS 133
Step 7: Silent pArtnerS 149
Step 8: riSkeSe 161
Step 9: hiStory 187
Step 10: riSk cApAcity 201
Step 11: riSk expoSure 223
Step 12: inveSt And relAx 257
About the ArtiSt 277
Appendix A 278
Appendix b 298
ReferenceS 300
Index 308