Outpacing the Pros
Using Indexes to Beat Wall Street's Savviest Money Managers
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 investment tools -- WEBs, SPDRs, and others -- that trade like shares of stock, even as they reflect the market indexes they track and the fund-topping performance those indexes provide.Outpacing the Pros provides today's independent investor with a detailed introduction to stock indexes as a key element in either short- or long-term investing strategies. This complete guide to stock indexes looks inside today's most little-known, exciting investment, with: * What index investments are and how they work* How to use indexes to safely, effectively diversify and portfolio* Four sample portfolios using indexes
New & Used
Out of Stock
What Reviewers Are Saying
"For recovering tech-stock fanatics, that is the best argument for indexing and Mr. Blitzer's if the most thorough of the recently published treaties on the subject...It is, indeed, timeless, one that could be consulted again and again for hints about how to construct a portfolio of indexes tracking various market sectors for a conservative, aggressive or middle-of-the-road investor."