Outpacing the Pros: Using Indexes to Beat Wall Street's Savviest Money Managers

by David M. Blitzer

Book Overview

Investors are waking up to Wall Street's biggest secret: the majority of actively managed mutual funds will regularly underperform the S & P 500 index. Index investments are a new class of easy-to-use... This description may be from another edition of this product.

• Format: Hardcover
• Language: English
• ISBN: 0071355863
• ISBN13: 9780071355865
• Release Date: December 2000
• Publisher: McGraw-Hill Companies
• Length: 219 Pages
• Weight: 1.15 lbs.
• Dimensions: 1.2" x 6.4" x 9.3"

Customer Reviews

the next best thing to the Millionaire show

There probably are some faster ways to become a Millionaire, but aside from game shows, this probably is the best first step for most of us.This book is cheerful and gives accessible examples with approachable math (very little) to explain a complex and confusing topic.For recovering tech-stock fanatics, that is perhaps the best argument for indexing. The book has a good mix of why it works, how to make it work and some convincing arguments about why we should try indexing. And, if you still want to try and find the next Cisco (and sell it in time) the book shows how indexes can be used to judge stocks. It's a great introduction to the topic , "Moreover," Mr. Blitzer adds, "it is simple and easy and leaves time for other activities you may like better."