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To value investors the concept of indexing is at best silly and at worst quite hazardous. Warren Buffett has observed that "in any sort of a contest - financial, mental or physical - it's an enormous advantage to have opponents who have been taught that it's useless to even try. " I believe that over time value investors will outperform the market and that choosing to match it is both lazy and shortsighted.

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Guy de Maupassant

And taking her friend’s hand, she put it on her breast, on that firm round covering of a woman’s heart which the male often finds so satisfying that he makes no attempt to find what lies beneath it.

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