The Fundamental Index: A Better Way to Invest
2008 American Publishers Awards for Professional and Scholarly Excellence (The PROSE Awards) Finalist/Honorable mention, Business, Finance & Management.InThe Fundamental Index, the leading industry thinker, Rob Arnott and his colleagues, present a new indexing method that captures more return for equity investors. In this important new book, the authors explain how passive, market-capitalization-weighted index investing falls short and fails to serve investors by investing too much in overpriced stocks and too little in underpriced shares. In short, Arnott et al.’s innovative and straightforward strategy provides investors with a new tool for achieving excess returns in a projected low-return environment while preserving the many positive attributes of index fund investing.-Financial Markets and Portfolio Management"Rob Arnott and his colleagues have, inThe Fundamental Index,produced one of the most controversial books in years in the investment world…Investment professionals would be very well advised to read it."-Financial Times"...one of the most controversial books in years...Investment professionals would be very well advised to read it."(Financial Times, September 15, 2008)