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new "Mark Hebner's magnificent book presents solid financial theory and practice wrapped in an elegant package."
 - Harry Markowitz Ph.D., Nobel Laureate in Economics, “Father of Modern Portfolio Theory," Professor of Economics at University of California at San Diego, author of Portfolio Selection: Efficient Diversification of Investments as well as numerous other books, articles and papers.

"...an incredibly handsome and wise book. We must be near a "tipping point" of passive over active. Perhaps Hebner's book will mark the moment. Congratulations!"
- John C. Bogle, Founder and Past CEO of The Vanguard Group

Read more about the book...

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The Speculation Blues

All About Hedge Funds
and Private Equity

An IFA Perspective:

Why Prices ChangeHebnerModel.com

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"The job of the free market is to set prices so that investors are compensated for the risk they bear." (Read more...)

Nobel Laureate Harry Markowitz:

Index Funds: The Musical - 35 mins - HD

The Value of the Right Advisor


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July 22, 2010  "It is difficult to get a man to understand something when his salary depends upon his not understanding it." - Upton Sinclair, (1935) - See Dan Solin's new post about this quote.

July 22, 2010
 Luck Is The Key To Success For Most Top Mutual Funds, Forbes.com, by Ahmed Taha
FleetingFortune
Fleeting Fortune
by Lala Ragimov
Copyright 2010, Index Funds Advisors, Inc.


July 20, 2010
 from IndexingBlog.com: Once you understand how the bagel or pencil market, while imperfect, functions smoothly without a manager, you can begin to appreciate the wisdom of buying an index fund.

July 19, 2010
 Thomas Edison Would be Ashamed. - by Dan Solin - "Judge Wilson ruled that the selection of three retail share classes for inclusion as investment options in Edison’s 401(k) plan violated the company’s “duty of prudence” because lower cost institutional share classes of the same funds were available.

July 19, 2010
 Step 8: Riskese - Where do returns come from? Read this: Common Risk Factors in the Returns of Stocks and Bonds. by Fama and French - (also see Step 8)

July 9, 2010
 35 Year Annual Rolling Returns Matrix Updated for 2009 for 20 iPortfolios and 15 IFA Indexes. Options include Growth of $1.
return matrix

July 8, 2010
 Sound Familiar? Don't listen to the media, avoid debt, buy and hold index funds, don't try to time the market. - Warren Buffett

July 8, 2010  All new data base driven risk return scatter plot for IFA iPortfolios and Indexes over the last 82 years. Click the Options button and input any period to see the relationship between risk and return.
risk-return-scatter-plot

July 5, 2010 - An important message from DFA’s Weston Wellington is titled “Is It Different This Time?" Click here to view it. This insightful and informative presentation reveals that time after time, headlines have been poor predictors of future market movements. Also see this video.

July 5, 2010
 A analysis of eight centuries of financial folly lead to the conclusion that nothing is different. Capitalism is amazingly resilient. Reinhart and Rogoff's book provides a quantitative history of financial crises derived from over 600 years and 66 nations. The basic message from all their data is that there are remarkable similarities in today's financial crises with experience from other countries and nations. John Templeton said the four most dangerous words in investing are, "It's different this time."


July 3, 2010

DIVERSIFICATION. Lots of baskets, with lots of eggs from all over the world! Let's just call it Capitalism, Inc.
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© 2010 Index Funds Advisors, Inc.




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Risk Reward Optimization Chart
The charts below include 20 efficient indexfolios and 19 indexes shown with data from 1 to 81 year periods. Click HERE to view all the charts in the "CHART SELECTION MENU" separately on one page.

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