Aspect Quote by William J. Bernstein
“The key aspect of an index fund is that many of them, not all of them, but many of them are extremely cheap.”
About This Quote
Source Book: The Intelligent Investor’s Guide to Index Funds, 2002
Index funds are valuable because many of them are very low‑cost, though not all.
In simple terms: Low‑cost index funds are advantageous.
Key Takeaway
Choose cheap index funds.
Themes
finance
investment
cost efficiency
Mood
analytical
practical
Type
financial
educational
When to use this quote
- retirement planning
- asset allocation
- cost analysis
Key Concepts
economics
portfolio theory
Questions to Reflect On
- How do you evaluate fund expenses?
- What criteria define a cheap fund?
A Different Perspective
Some index funds may have hidden fees.
