Quotes About Indexing

Indexing via low-cost mutual funds is a strategy that will, over time, most likely outperform the vast majority of strategies.

No linear indexing system is adequate to express the multi-dimensionality of knowledge," Dr. Waterhouse reminds him.

If you're indexing to the S&P 500, you're buying the most expensive names in the market.

When the New York City pension funds began investing in index funds in the mid-1970s, the New York Times, in an article entitled "Why Indexing Frightens Money Managers," quoted Dave H. Williams, then chairman of the investment committee of Mitchell Hutchins & Company: "It's an avenue for seeking mediocrity.

The great advantage of indexing investment operations is that we can avoid the vain search for superior performance and concentrate our time and energy on investment policy and asset-mix decisions. Instead, it focuses your attention on the most important decision in investing: defining the long-term "policy" portfolio that will both minimize the risk of avoidable mistakes and maximize the chances of achieving your true investment objectives.

One could imagine a period like Japan13 years ago, however, in which indexing over time wouldn't work.