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New Indexing Book Sounds Pretty Groovy

Paul Farrell at Marketwatch likes what he sees in Mark Hebner's new lavishly illustrated coffee-table book Index Funds, which also comes in a virtual edition.

Among the lessons that Farrell highlights from the book is the old Malkielian maxim, " indexing and simple asset allocation are the best way to win."

Something to browse and slosh your latte on while waiting for the next edition of A Random Walk Down Wall Street, which is due late this year, and which promises new chapters on behavioral finance.