AI: Alpha and Index Funds
http://art.fdlive.com/articles/42573/1/AI-Alpha-and-Index-Funds/Page1.html
Bill Byrnes
Bill Byrnes is co-founder of MUTUALdecision, a website providing mutual fund data, and the author of the MUTUALdecision Blog. He's been an investment banker with Alex. Brown & Sons and a Finance Professor at Georgetown University. He's been CEO, chairman and served on the board of directors of several public and private companies. He holds MBA and JD degrees and is a Chartered Financial Analyst with over 30 years experience in the investment industry. By Bill Byrnes
Published on 04/25/2008
Alpha and index fund investing makes a great deal of sense. You know what to expect in terms of risk and return when you invest in an index fund. Having a portion of your portfolio in index funds leaves you free to concentrate your investment time and energy (think alpha waves) on those investments which can make a difference.