Indexing Quotes

Still, I figure we shouldn't' discourage fans of actively managed funds. With all their buying and selling, active investors ensure the market is reasonably efficient. That makes it possible for the rest of us to do the sensible thing, which is to index. Want to join me in this parasitic behavior? To build a well-diversified portfolio, you might stash 70 percent of your stock portfolio into a Wilshire 5000-index fund and the remaining 30 percent in an international-index fund.

If the data do not prove that indexing wins, well, the data are wrong.

While it is probably a poor idea to own actively managed funds in general, it is truly a terrible idea to own them in taxable accounts... taxes are a drag on performance of up to 4 percentage points each year... many index funds allow your capital gains to grow largely undisturbed until you sell... For the taxable investor, indexing means never having to say you're sorry.

For the taxable investor, indexing means never having to say you're sorry.

It's fun to play around... it's human nature to try to select the right horse... But for the average person, I'm more of an indexer... The predictability is so high... For 10, 15, 20 years you'll be in the 85th percentile of performance. Why would you screw it up?

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

Indexing is a successful approach to investing not because it's simple, but because it has performed so much better than the average active manager (the opposite of indexing), and the simplicity is just an added bonus.

The word passive does a disservice to investors considering their options. Indexing provides an effective means of owning the market and allows investors to participate in the returns of a basket of stocks. The basket of stocks changes over time as stocks are added or removed based on its rules.

I'm from Berkeley, California, so I'm fully trained in socialism and all, but basically what they teach you there is markets are efficient and we can't beat them, so we might as well index.

Nobody wants to be passive; indexing is not passive - much more goes into indexing than watching a stock become the next buggy whip.

Never index your own book.

People should understand that Google changes every day.

If I were in charge of the government, I would index the minimum wage to inflation, so that way, everybody knows what they can count on.

In comparison, Google is brilliant because it uses an algorithm that ranks Web pages by the number of links to them, with those links themselves valued by the number of links to their page of origin.

Google indexes the world's information.

We want to make sure the thing you're looking for is on Google 100 percent of the time.

Whenever I am sent a new book on the lively arts, the first thing I do is look for myself in the index.

When you see 'editor' on a book, there are many permutations of what that title can mean.

One of the great defects of English books printed in the last century is the want of an index.

Google is basically this idea that sites that link to other sites create a better way to search.

Associative indexing, the basic idea of which is a provision whereby any item may be caused at will to select immediately and automatically another. This is the essential feature of the Memex. The process of tying two items together is the important thing.

What indexing does is neutralize a large part of the stock market. There's no trading in those stocks, or almost none.

Everyone knows what search engines are. But relatively few know how to use them effectively.

I like Burton Malkiel's 'A Random Walk Down Wall Street.' He comes to the same conclusion that I do - that indexing is the way. My 'Little Book of Common Sense Investing' says pretty much the same thing.

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