Masters in Business

Jeremy Siegel on Fundamental Indexing

This week on our Masters in Business interview, we speak with University of Pennsylvania Wharton School professor Jeremy Siegel.

This week on our Masters in Business interview, we speak with University of Pennsylvania Wharton School professor Jeremy Siegel, sometimes referred to as the “Wizard of Wharton.”

Siegel also is a senior adviser to exchange-traded fund provider WisdomTree Investments, and he was an early advocate of fundamental index ETFs. Rather than assembling an index by its market capitalization, fundamental indexing uses other metrics such as earnings, dividend yield or book value. The goal is a passively managed fund that avoids getting overweighted in specific stocks and industries, something that happened when hot tech stocks soared during the dot-com era.

Siegel, who has taught at Wharton for 44 years, is the author of "Stocks for the Long Run," now in its fifth edition, a book that the Washington Post calls “One of the ten best investing books of all time.”

 

The full podcast is available on iTunesSoundCloud and on Bloomberg.  Earlier podcasts can be found on iTunes and at BloombergView.com.

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    Barry L Ritholtz at britholtz3@bloomberg.net

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    James Greiff at jgreiff@bloomberg.net

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