Eliot Spitzer also endorses index fund
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Hmm, interesting. Note Eliot is not licensed financial advisor. But many investing gurus (including Warren Buffett, John Bogle, Yale endowment fund head David Swensen) said index is the way to go for individual investors who don’t have time or don’t want to spend time to do own research.
(From Yahoo Tech-ticker, you can also watch more Blodget Spitzer interview following that link)