These books were among the many books used in the development of the investment
strategies of Index Funds Advisors. The first book summarizes what is found
in most of the books below it. The lack of reading these books is at the
heart of the failure of investors.
"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.
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
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
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)
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
by Mark Dempsey
"Merrill Lynch's employees lied to clients"
Protecting Your Money from Wall Street's Hidden Costs and Half-Truths: Moneymaking
Strategies for Today's Investor by Mark Dempsey. Once a high flyer at a major
brokerage, he now says he succeeded only by cajoling clients into purchases that
helped him meet sales goals"
If the average investor only knew what really goes on behind the
scenes with their money they'd think differently about having us
manage it." Related Story. Broker
Chat - Whistle
Blower
How the Really Smart Money Invests
(VHS Video)
Society improves through academia, yet, sadly, many people make investment
decisions based on the appeal of a slick marketing campaign or a well-produced
television commercial. The key to successful investing is to harness
the meaningful research conducted by the brightest minds in academia
and develop a conviction driven relationship that helps to guide the
investment process. VHS Video
Prudent Investor's Guide to Beating
Wall Street at Its Own Game
by Bowen & Goldie
Shows individual investors how to achieve superior returns through state-of-the-art
asset allocation strategies. The book explains how investors can use mutual funds
to create a portfolio that achieves their financial goals and earn the maximum
return for a given amount of risk.
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: 
Review
of IF:12-Step for Active Investors 
