Short Term Trading Weekend Lounge: 8-10 Feb, page-51

"It seems an invitation for an investor with limited market knowledge or time to spend on research of individual stocks, to set aside a fixed amount each month and buy a low cost broad index ETF, irrespective of the share price."

Agree on that point.,

As for indexes, how can an index which shuffles the deck chairs in their favour regularly be a true reflection of performance?
The main reason for stocks moving in and out of indexes is purely market cap, with some affected for volume.