Quotes

Quotes by Mark Hebner

(8)
Mark Hebner

Mark Hebner

Founder and President of Index Fund Advisors, Inc., and author of Index Funds: The 12-Step Recovery Program for Active Investors. He is a Wealth Advisor, with an MBA from the University of California at Irvine and a BS in Pharmacy from the University of New Mexico with a specialization in Nuclear Pharmacy.


(143) "Most people are beaten up by the market, instead of beating the market."
- President of Index Fund Advisors
(146) "Efficient markets have no trends, so any speculation using trading systems or active investment strategies, such as stock, time, manager, or style selection, will only detract from future market returns."
- President of Index Fund Advisors
(94) "The only way to "beat an index" is to invest in something other than the index. Why would you, when the only source of long-term risk and return data is the index?"
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(144) "For most investors, tax loss harvesting is one of the most important ways to reduce tax liability now and in the future."
- President of Index Fund Advisors
(138) "The bets laid down by predictin' that news will surely bring on the Speculation Blues."
- President of Index Fund Advisors
(145) "Investing in the absence of an investment policy statement reduces decision making to an individual event-driven process of chasing short-term results, eliminating the expectation of achieving the long-term returns of capitalism."
- The 12-Step Program for Active Investors
(147) "It is a certainty that equity markets will be full of uncertainty. This uncertainty is the reason investors should expect returns."
- The 12-Step Program for Active Investors
(139) "Important services such as rebalancing, tax managed investments and tax loss harvesting help investors maximize returns at a given level of risk."
- IFA President