IFA Books
IFA Books
Introducing the New IFA Condensed and Updated Small Book: Index Funds, The 12-Step Recovery Program for Active Investors

The “Go-To” Handbook On Intelligent Investing


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.

 

 

 

 

What The Experts Are Saying

"Hebner gives us good advice presented in a very appealing manner. Index Funds remains one of the most valuable investment guides available."

— Burton G. Malkiel, Ph.D.
Professor of Economics, Princeton University and author of A Random Walk Down Wall Street, Tenth Edition, 2011


"It is really beautiful and really well done. I plan to use it as a reference guide."

— David G. Booth

Chairman and Co-Chief Executive Officer,
Dimensional Fund Advisors, Inc., Benefactor of the University of Chicago Booth School of Business


"… as this book documents so well, a foolish attempt to beat the market and get rich quickly will make one’s broker rich and oneself much less so."
— Harry Markowitz, Ph.D.
Nobel Laureate in Economics, Professor of Economics at the
University of California at San Diego, Rady School of Management


"This book is WONDERFUL!"
— Theodore R. Aronson
Founder of Aronson Johnson Ortiz, Institutional Investment Manager
Read the praise for Mark Hebner's previous book:

Index Funds:

The 12-Step Program for Active Investors


Mark T. Hebner
President and Founder of Index Funds Advisors, Inc.
Author of Index Funds: The 12-Step Recovery Program for Active Investors



Buy from Amazon



 

Magazine Ad for Book
Google Book Search
47 Reviews for Index Funds
The Gallery of Indexing Art
Book Press Release
Book Review PDF
Flash Book Tour
Table of Contents

Short Articles
1, 2, 3, 4, 5, 6
Review of IF:12-Step for Active Investors
MarketWatch: Freakoindex
Fool: Investor, Heal Thyself
Nat. Post: The Art of Indexing
Buy from Amazon


View CEO Authors, Passion of the Pen article featuring Mark Hebner

"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

5star 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



Recommended Reading

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.
cover

Robbing You Blind

      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

cover

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

cover

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.




IFA Book Collection