Introducing the New IFA Condensed and Updated Small Book, Index Funds: The 12-Step Recovery Program for Active Investors

The "Go-To" Handbook On Intelligent Investing

Mark Hebner is on a mission to change the way the world invests – by replacing speculation with education. His new book is a condensed, updated and revised version of his original Index Funds book. This small, compact, 5” x 7”, 318-page handbook on intelligent investing addresses the financial behaviors of investors, the pitfalls of active investing, and the benefits of passive investing with index funds. This little gem packs hard data, visually attractive charts and graphs with more than 60 original oil paintings, nearly 40 unique portraits, and more than 120 color graphics, many portraying historic stock market data all the way back to 1928. This colorful and graphically pleasing book, complete with a Foreword by Harry Markowitz, is a quick, intelligent read and arguably the most artistic book ever written on investing.


E-book available for Kindle,
iBook, and Nook.



What The Experts Are Saying

"Hebner gives us good advice presented in a very appealing manner. Index Funds remains one of the most valuable investment guides available."
— Burton G. Malkiel, Ph.D.
Professor of Economics, Princeton University and author of A Random Walk Down Wall Street, Tenth Edition, 2011

"It is really beautiful and really well done. I plan to use it as a reference guide."

— David G. Booth

Chairman and Co-Chief Executive Officer,
Dimensional Fund Advisors, Inc., Benefactor of the University of Chicago Booth School of Business

"… as this book documents so well, a foolish attempt to beat the market and get rich quickly will make one's broker rich and oneself much less so."
— Harry Markowitz, Ph.D.
Nobel Laureate in Economics, Professor of Economics at the
University of California at San Diego, Rady School of Management

"This book is WONDERFUL!"
— Theodore R. Aronson
Founder of Aronson Johnson Ortiz, Institutional Investment Manager


Buy the Book

  • Full Color Charts and Graphics
  • 86 Years of Historical Data
  • 5" x 7" Compact
  • 318 Pages
  • Full Page Paintings

Order your copy today from

Or get the kindle ebook version

About Mark Hebner

Mark T. Hebner
President and Founder of IFA

Mark T. Hebner is the Founder and President of Index Fund Advisors, Inc., author of and the book, Index Funds: The 12-Step Program for Active Investors. That original book received praise from the financial industry and academic legends, including John Bogle, David Booth, Harry Markowitz, Burton Malkiel, and Paul Samuelson. He has now released the new, condensed, updated and revised version.

Mark is considered a leading author, speaker and internet provider of investing education. He is especially knowledgeable about the superiority of index mutual funds, as well as the research indexes designed by financial economists. He earned an MBA at the University of California, Irvine. His mission is to change the way the world invests – by replacing speculation with education. 

About IFA Publishing

IFA Publishing has published two books to date: the original Index Funds and the condensed, updated version, Index Funds: The 12-Step Recovery Program for Active Investors. The new book reveals the potential land mines and pitfalls of active investing and educates readers on the benefits of passive investing with index funds. Hebner's book details the possible perils associated with stock picking, mutual fund manager picking, market timing, and other wealth depleting behaviors. This 12-Step Program teaches the differences between active and passive investing, explains the emotional triggers that impact investment decisions, and offers an enlightening education on science-based investing that may forever change the way an investor perceives the stock market. Hebner sets forth a sound strategy that involves risk-appropriate investing that may empower investors to lead a more profitable and relaxed life.

© 2015 IFA Publishing, Inc.

Mark tells Tom about his new book titled, Index Funds: The 12-Step Recovery Program for Active Investors. This updated, condensed version follows on the heels of his original Index Funds book and presents new information on the emotional and behavioral aspects of investing. This post-2008 book shares insight on what happened to those investors who reacted to the market based on fear and other damaging emotions. This book is available at

Mark and Tom further discuss Index Funds: The 12-Step Recovery Program for Active Investors, delving into the charts and graphs depicted in this new, updated, condensed version of Hebner's original Index Funds book. They talk about the differences between the two versions and share how this educational book can teach investors how to become passive investors with index funds by learning about the pitfalls and dangers of active investing. By replacing speculation with education, Hebner wants his book to help change the way the world invests.

Mark and Tom discuss the achievements of David Booth, co-founder and co-CEO of Dimensional Fund Advisors. Dimensional is acompany that translates research into solutions and is affiliated with many financial luminaries and academics. Dimensional makes their funds available through registered investment advisers, such as IFA. Booth offered praise for Hebner's book, saying, "It is really beautiful and really well done. I plan to use it as a reference guide."

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