Index Funds: The 12-Step Recovery Program for Active Investors

Index Funds: The 12-Step Recovery Program for Active Investors is the treatment of choice for wayward investors. It has been praised by Jack Bogle, Harry Markowitz, Burton Malkiel, David Booth, Paul Samuelson, and Theodore Aronson, among others. Investment advisor Anders Oldenburg of Seligson & Company nominated the previous version as one of the three "All-Time Greatest Investment Books," along with the writings of John Bogle and Warren Buffett.

This one-of-a-kind little jewel is an eye-pleasing manifestation of hundreds of studies and decades of research, and it clearly represents Hebner's ongoing commitment to educate investors throughout the world. It is destined to emerge as the go-to handbook for intelligent, evidence-based investing.

2023 New England Book Festival Winner: Business Book category. Awarded 12/20/2023

2024 Southern California Book Festival Winner: Business/Technology. Awarded 12/21/2023

2024 Nonfiction Authors Association Nonfiction Book Award Winner. Awarded 02/07/2024

2024 Book Excellence Award Winner in Finance Category Awarded on 03/05/2024

2024 Los Angeles Book Festival Winner: Best Business Book Awarded 4/18/2024

2024 Goody Business Book Award Winner: Money/Personal Finance Book category. Awarded 11/15/2024

What 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

"… 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

About the Author

Mark T. Hebner is the Founder and CEO of Index Fund Advisors, Inc., author of ifa.com and the book, Index Funds: The 12-Step Program for Active Investors - which has received praise from the financial industry and academic legends, including John Bogle, David Booth, Harry Markowitz, Burton Malkiel, and Paul Samuelson.

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. His mission is to change the way the world invests – by replacing speculation with an education.

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Index Fund Advisor

Evidence Based Investing

Index Fund Advisors, Inc. (IFA) is a fee-only advisory and wealth management firm that provides risk-appropriate, returns-optimized, globally-diversified and tax-managed index portfolio investment strategies with a fiduciary standard of care.

Founded in 1999, IFA is a Registered Investment Adviser with the U.S. Securities and Exchange Commission that provides investment advice to individuals, trusts, corporations, non-profits, and public and private institutions. Based in Irvine, California, IFA manages individual and institutional accounts, including IRA, 401(k), 403(b), profit sharing, pensions, endowments and all other investment accounts. IFA also facilitates IRA rollovers from 401(k)s and 403(b)s.

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