I was so impressed with the quality of the book that i have since purchased a number of copies to share with other investors

I was so impressed with the quality of the book that i have since purchased a number of copies to share with other investors  Read Less

However the data and arguments are well organized with the book proceeding from an introduction of the concept through the hist...  Read More

However the data and arguments are well organized with the book proceeding from an introduction of the concept through the historical data and ending with a balanced overview of the arguments for and against  Read Less

The other thing to point out is merely with the fact that more oversight and work is required on the part of the fund company t...  Read More

The other thing to point out is merely with the fact that more oversight and work is required on the part of the fund company the expense ratio will be higher than a completely passive capweighted index fund  Read Less

Arnott is of course a genius and his theory is by now a classic

Arnott is of course a genius and his theory is by now a classic  Read Less

The fundamental index preserves the virtues of the capweighted index such as transparency diversification low turnover and high...  Read More

The fundamental index preserves the virtues of the capweighted index such as transparency diversification low turnover and high capacity but overcomes the price inefficiency problem  Read Less

However if it was a listed company its value would be reacting to market rumours on staff leaving perceptions of the effect of ...  Read More

However if it was a listed company its value would be reacting to market rumours on staff leaving perceptions of the effect of a wet summer reports on potential competitors criticims of the food whatever  Read Less

But capweighting a portfolio leads to more money weighted towards more expensive stocks and less towards cheaper stocks due to ...  Read More

But capweighting a portfolio leads to more money weighted towards more expensive stocks and less towards cheaper stocks due to the direct link to price  Read Less