Hebner is on a mission to change the way the world invests—by replacing speculation with education. With that in mind, this little gem packs hard data, visually attractive charts and graphs with more than 60 original oil paintings, nearly 40 unique portraits, and more than 120 color graphics, many portraying 83 years of historic stock market data. This colorful and graphically pleasing, 5"x7" compact, 318-page book is a quick, intelligent read and arguably the most artistic book ever written on investing.
"Hebner gives us good advice presented in a very appealing manner. Index Funds remains one of the most valuable investment guides available."
Mark T. Hebner
President and Founder of Index Funds Advisors, Inc.
Author of Index Funds: The 12-Step Recovery Program for Active Investors
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"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.
"...a valuable reference; and it benefits from your many perspicacious commentaries.
- Paul A. Samuelson, Nobel Laureate in Economics, M.I.T. Professor of Economics.
"...an incredibly handsome and wise book. We must be near a "tipping point" of passive over active. Perhaps your book will mark the moment. Congratulations!"
- John C. Bogle, Founder and Past CEO of The Vanguard Group 11/3/05
"...it clearly gives good advice which is presented in a very appealing manner. Congratulations on a very nice piece of work."
- Burton G. Malkiel, Professor of Economics, Princeton University, author of A Random Walk Down Wall Street: Completely Revised and Updated Tenth Edition
One of Three "All Time Greatest Investment Books." Three Authors Nominated: Bogle, Hebner & Buffett. "I just mentioned your book as one of the three all-time greatest investment books in a poll conducted by the leading investment magazine here in Finland (my other choices were Bogle's "Common Sense on Mutual Funds" and Buffett's Shareholders Letters)." (See Article) - Anders Oldenburg, Investment Advisor, Seligson & Co 11/15/06
One of Three Authors to Read; Peter and William Bernstein and Mark Hebner:
"I have personally read hundreds of books on finance, the stock market, and economic and financial history (I read about 20 books a year on the subjects). ... you really only need to read two or three books to get started studying the science of finance (Capital Ideas) and...The Intelligent Asset Allocator or Mark Hebner's Index Funds: The 12-Step Program for Active Investors- New!)" - John P. Scordo, Esq. research-finance.com
Excellent Book, concise, informative, and interesting, 2/24/07, Creative Guy (Cheyenne, WY) This is one of the best books on investing I have read. I recently read around 15 different books on investing and this book was probably the best. I have recommended this book to several friends. ... This book is gold. - Source: amazon.com
One of Three Authors to Read: Bernstein, Hebner and Bogle - Matt Krantz, USA Today 11/2/2006
"The more I study and learn about your approach, the more I grow to appreciate its elegance. Matt Krantz, USAToday, 5/20/05
One of Four Authors to Read on Asset Allocation: Bernstein, Gibson, Hebner and Ferri: - "Mark T. Hebner provides one of the best overviews for passive or index investing. In his Index Funds book, Hebner goes into the history and research for this approach to investing. If cost is an issue, this book is a best buy. I also recommend visiting the IFA web site as it is one of the very best available." - Lowell Herr, ITA Wealth Management.
"I have read hundreds of financial books and this book ranks in the top 10" - Garen L. Wisner, Cincinnati, OH, 1/31/07 (amazon.com)
One of Three Books to Read: Bernstein, Hebner and Bogle - Beware of the broker with the desperate 'gamblers' mindset': There are a number of books you can read to get started: The Four Pillars of Investing: Lessons for Building a Winning Portfolio by William J. Bernstein, Index Funds: The 12-Step Program for Active Investors by Mark Hebner, or anything written by Vanguard founder John Bogle. - Matt Krantz, USA Today 11/14/2006
Having worked in the financial services industry for over 20 years, I have known about our "dark secret" for a while. Over the years I have provided thousands of "addicts" with their fixes, thinking if I don't, someone else will. Now, having come out of the closet of "smoke and mirrors", I can only hope that a book like Mark Hebner's 12 Steps gets a huge following among all types of investors.. I am finally able to meet my clients with a straight face." - From a Reformed Pusher
Petri, R. (Finland) 11/9/05
I HIGHLY recommend going to the website of Index Funds Advisors (www.ifa.com) and going through their 12-Step Program for Active Investors, which starts at http://www.ifa.com/12steps/step1/. [printed version in the book] Good books include Burton Malkiel’s classic “A Random Walk Down Wallstreet”, William Bernstein’s “The Intelligent Asset Allocator”, though the math is somewhat tough if you don’t have a statistics background (though you can skip the math and still learn a lot about funds). - Ron said at 5:02 pm on February 20th, 2010
Robbing You Blind
How the Really Smart Money Invests
Prudent Investor's Guide to Beating
Wall Street at Its Own Game
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