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Nematrian Reference Library

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ReferenceTitleLink
Hebner, M. (2013)Index Funds: The 12-step recovery plan for active investors

Foreword (opening paragraph)

"In this volume Mark Hebner meticulously refutes the idea that individual investors can beat the market by stock selection or market timing. Some readers may react with the thought that "perhaps most investors cannot beat the market, but some can. I merely have to emulate those with superior performance." Examples of investors with sustained superior performance include the legendary Warren Buffett and David Swensen, Yale University's Chief Investment Officer, whose performance over decades has been widely admired and imitated by endowment and retirement plan managers, but with rare success."


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